With EBITDA of $50Million a year with Isabel, spending $250,000 now while its at .20c, by the time it's .60c you will be doing well! (Trying to get 250,000 of AVQO would be difficult too). Don't forget we are not quite there yet!
"Axiom controls one of, if not, the best undeveloped nickel laterite project in the Pacific with plans to fast track production over the next 6-24 months. If all goes well, Axiom will be a 2.2Mt nickel laterite producer by 2H19, and at current nickel laterite prices this should produce annual revenues of A$150m and Axiom EBITDA of A$50million adjusted for 20% local ownership.:
The post Axiom Mining progresses with approvals and finance at Isabel Nickel Project appeared first on Finfeed.com.
http://www.worldnews.easybranches.c...s-and-finance-at-isabel-nickel-project-175013
GLTA
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