AVQ
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0.00% 2.5¢ axiom mining limited

They capitalise the exploration costs, drilling etc to the...

  1. Exceed010
    1,397 Posts.
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    30/12/17
    18:22
    Post #: 29951735
    They capitalise the exploration costs, drilling etc to the assets in the balance sheet, that's why you don't see big exploration expense. This is normal for companies who wish to amortise those costs once they are in production.
    AVQ Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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