And there we have it folks, someone trying to twist an argument....

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jazzmox

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03/10/18

08:11

Post #: 35970229
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Originally posted by Deet ↑

You have established nothing.
You have theorized, because you cannot give a resource estimate either.
You bring up the chart regarding old timelines when no mining licence was granted, remember that the mines minister had apologized for the delay in granting this licence, RM had believed this would come earlier. At present you are repetitiously taking advantage of the SI Gov't delay, nothing more.
Axiom's Mkt Cap is still the same as always, between 40-50M, the Sp is lower due to the cap raising required to get the ML, something Sumitomo could not achieve with their massive Mkt cap.
Yes, RM has worked hard to get the ML, you can argue that he should have been working 168 hours a week.
Remember, you stated we would never get a mining licence, you were wrong then.
Axiom has an EIS, a development consent and a mining licence for the Laterite Ore, a first for the Solomon Islands.
Laterite is cheap to mine and there is a massive demand.

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And there we have it folks, someone trying to twist an argument.
Once again, AVQ did not need a ML to get a JORC or do feasibility study. Delays from the SIG, as you put it, got nothing to do with missed timelines.

Btw, that timelines was published before AVQ started their ML application

Oh and RM also said

"Requirements for mining operation".

And yes share price at 10c but same market cap. It is called dilution. So much dilution over the past 12 months and nothing to show for it. Plenty more dilution to come. Even if they start mining this can go to 5 cents

AVQ Price at posting: 10.0¢ Sentiment: Sell Disclosure: Not Held
7 Upvote

1 Great analysis

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