Hi grudgy,
My understanding is this:
- The company raised $1 million on 7 October from sophisticated investors at 3 cents;
- The company offered capital to those on the register at 6 October at 3 cents to raise $1.5 million;
- The company intends to release a JORC compliant resource for its Cu / Au / Ag operations in Queensland prior to the end of October;
- Results due from two additional prospects (Bakers Camp and Porphyry) due in the coming weeks; and
- Three projects of focus in Vietnam. Two of these lie in the Sepon area and are attracting a lot of interest - Quang Binh and Quang Tri gold projects. Axiom is applying for an exploration licence and mining licence for these projects together with local partners to start an extensive resource defining drill program and mine development activities.
Sounds to me AVQ has a few promising projects. I'm particularly interested in the Au porphyry deposits. Reminds me a bit of ABU's Bucaneer project.
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