"The project has the potential to generate US$ billions in revenue."
So are you suggesting that we should rely on your Dark glasses and sell?
July 2008
wise-owl.com
Potential company maker if Axiom win massive project in the Solomon Islands. Axiom is vying for a large nickel laterite project which contains an estimated 159mt @ 1.25% nickel and 0.06% cobalt. If granted, Axiom will ultimately gain 80% of the project with 20% going to the landowners.
Japanese mining giant Sumitomo Metals is also laying claim to the project but currently doesn't have the support of the landowners. A decision in the High Court is anticipated in August that will allow processing of Axioms jv partners, the traditional owners, prospecting licence application. The project has the potential to generate US$ billions in revenue.
Everything is a conspiracy to some, but whilst price is low, I suppose it suits those wanting in!
IMO, we need to wait, be patient until the SIG complete it's processes, and again, IMO, Axiom will be leading the way in the Solomons. Still billions in revenue to be mined!
GLTA
AVQ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held