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17:24
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Originally posted by invest4it
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Company Update - expansion and development of the world class Isabel Nickel ProjectA Pre-feasibility study on the Isabel Nickel Project (both San Jorge and Kolosori deposits) is nearing completion Brilliant to see as indicated that axiom has been working on BOTH projects forfilling their criteria for a PL&ML moving forward Planning of a cost-effective development of the San Jorge tenement is well advanced in anticipation of the imminent commencement of operations to develop the company’s asset of medium to high grade tropical nickel laterite ore Sounds like a low cost (if any) in true RM form in the interest of SH's Axiom is progressing with its discussions and negotiations with its strategic partners, and Recruitment of key personnel has commenced The application for the Kolosori tenement is before the government. Axiom remains confident of its position as the preferred developer of sustainable mineral development in the Solomon Islands and anticipates a formal response from government shortly Recent developments in the international nickel laterite market continue to bode well for Axiom and reinforce the value of the Isabel Nickel Project. China has nowhere else than can offer a long term nickel supply.... in consultation with leading industry experts as to the economics and development of mining for nickel ore located within the Isabel Province, A Pre-feasibility study is nearing completion. This study is expected to validate the potential of the Isabel Nickel Project. government planning and commencement of cost effective operations on Axiom’s San Jorge tenement. The geology is very similar to the Kolosori deposit, with historical drilling and feasibility studies indicating the ore body is likely to have similar characteristics especially as to grade and tonnage. Axiom will be able to mobilise already in-country plant and equipment, as well as benefit from established supply chains and logistics channels. The Company also has access to trained and experienced operational personnel for this exploration and development campaign. The Company submitted its application for the Kolosori tenement in March 2016. An Environmental Management Plan has also been completed and submitted to the government. the Philippines Government has suspended operations at a number of nickel mines and stopped issuing relevant licenses and permits. Indonesia supplied approximately 70-80% of China’s demand for nickel laterite ore. New Caledonia, which has some of the largest known nickel reserves in the world, now has a policy of not allowing the shipment of its nickel ore into China.
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I think SMM has stop paying Jazz so he gave up ....lol... he should buy in now before the SP multiply or was he sleeping with Ryan once ?? maybe he should ask Ryan for forgiveness and get some cash soon
