AVQ 0.00% 2.5¢ axiom mining limited

Axiom- Join the Dots

  1. 2,445 Posts.
    lightbulb Created with Sketch. 2
    Holders,
    First and utmost I thought I would clear the air over something that there seems to be some confusion about,

    Both RM and the Lawyers ARE currently in SI FOR THE APPEAL DECISION as #1 priority, they are also working on some other things i am told, BUT…. There is no way the lawyers would be there for anything else and I have confirmed that this is the case.

    More importantly there is NO OFFICIAL DECISION DATE YET…… there is some talk “Unofficial” but since it can not be verified and the courts have not issued notice I wont eleaborate.other than…”soon”
    Also the cappers are in play makes for a very interesting week with the brakes bound to come off and both volume and SP are starting to creep up. I expect not only a strong open to the week but a continual growth pattern until we got some news with people now well and truly understanding that this thing is close, anything less would make me concerned.
    Shane Hardy or Tyler
    Can any of your guys (with legal experience) please give me a % of cases that get resolved prior to a decision by the courts?


    Could SMM and our team be talking?? I don’t know but it is a possible reason for BOTH parties to be in SI atm,
    IF SMM are trying to Neg a deal I hope RM says NO!!!.... we have come so far and been hurt so bad and jumped through so many hoops to get to where we are.
    On the flip side if I was SMM and I knew I had no chance I would try to settle and drop all claims if Axiom didn’t go for damages (which will be massive) and we move forward.
    SI is a small place with not much to do, you wouldn’t want your lawyers there passing time away at your cost unless they were working…. Think about it.


    A Summary of our recent new members to Axiom below and their importance.

    http://www.bloomberg.com/research/s...CapId=878815&previousTitle=REORIENT GROUP LTD



    Mr. Jeremy Gray has been Managing Director of REORIENT Group Limited since January 17, 2014. Previously, Mr. Gray served as the Head of Resources at Standard Chartered PLC, Research Division since 2010. Previously, he was the Head of Business Development and Investor Relations at Central African Mining, and helped sell it to ENRC in October 2009. He has more than twenty years of industry experience. He started his career at Credit Suisse in Australia before moving to Morgan Stanley in London. His extensive African experience saw him join Central African Mining in 2009 before moving to Asia in 2010 when it was acquired by ENRC Plc. He was a Research Analyst at Crédit Suisse AG, Research Division since rejoining in 2005. Prior to that, Mr. Gray was a Basic Materials Analyst at Sthenos Capital from 2001. He was employed at Morgan Stanley, Research Division. Mr. Gray‘s equity research career began in 1994 at Crédit Suisse AG, Research Division. He holds a BComm (Honours) in Finance from the University of Melbourne, Australia.

    Sooooo a person with both the skills and qualifications and international specialist in his field with massive global firms under his belt where he has excelled is coming now part of Axiom???
    The same specialist who has over 20years experience under his belt? Head of Metals and Mining Research at Morgan Stanley in London and the Head of Mining Research at Credit Suisse in London…..hmmmmm

    Mr Gray has been a global research analyst specialising in this field so obviously he has done his own reseach and valuation on both Axioms legal position and also the Net worth of Isabel,…. Sorry Jazzmox, unless you got better experience than the above your downramps of the project not being viable are rubbish.
    The question remains….. why would a man of this calibre even consider joining axiom???
    The answer is simple, the man has done his own research and evaluation and has concluded this is a once in a lifetime opportunity. Further and more importantly…. Who better to give us a true $$$ valuation of Isabel than Mr Gray himself, this man is a massive acquisition than many have just “let go to the keeper”.... do not underestimate the importance or the timing of his addition to the board…. On a side note….. what kind of contacts do you think a man like this would have access to when we beat smm?? A side bonus I say with his history at these global firms im sure he will bring the right investors on board.

    Juan Jeffery

    http://www.*.com.au/companies/pdf/6...d-management-with-key-appointments-63706.html

    Jeffery more than 30 years' experience including a significant operational background in Papua New Guinea at mines
    such as Porgera and Ok Tedi, as well as in senior management in BHP Billiton (ASX:BHP) and Rio Tinto's (ASX:RIO)

    Comalco.
    As a director at First Quantum Minerals Limited (TSE:FM) in Western Australia, he commissioned the Ravensthorpe
    nickel mine open pit and delivered full run of mine product from the ground up with the beneficiation, HPAL and AL
    plants, and the off-take and bulk supply agreements at industry lowest cash cost of $4/lb nickel.
    He is also a major projects and materials handling specialist and with substantial experience with clay ores and
    shipping.

    Again….. Another Key employee who has worked on Porgera joins Axiom, impressive and also interesting, I remember chatting with the Geo’s in SI and I referred West Guada with Porgera and though recent drilling didn’t impress as they missed, they were more excited about WG than Porgera…. This tenement will come into its own when they strike a nice zone.
    Also to work in PNG one understands the importance of working and respecting landowners and has Run a nickel mine from the ground up including working with HPAL and AL, the final line is interesting in the above
    “…He is also a major projects and materials handling specialist and with substantial experience with clay ores and shipping.”

    The importance there is something not many would have picked up is the reference to Clay ores.

    http://www.theajmonline.com.au/mini...clay-ores-2013-a-mineral-processing-nightmare

    Clay minerals can cause nightmares with mineral processing because of the inherent difficulties of processing high clay ores.
    These clay minerals typically form in near surface geological environments due to weathering, particularly above the natural water table; sedimentation and diagenesis are common in hydrothermally altered rocks. Clay minerals associated with alteration are referred to as argillic alterations.
    The extremely small particle size, usually <2 microns (sometimes coarser or finer) along with very high surface area makes these clay minerals highly reactive and responsive to changes in the processing environment”

    Typical mineral processing problems
    The mineral processing problems are not unique to one mineral type. They cover gold, copper, uranium, lead zinc, iron ores and nickel projects. Clays have a major impact on various unit operations including thickening and filtration to such an extent that these unit operations cannot be used on some ores.

    Conclusion
    Understanding the geology, mineralogy and correctly selecting representative samples of the ore to be processed is critical in getting the mineral processing right. Clays have the potential if not recognised to destroy project economics.
    The presence of clays in hard rock comes as a surprise if not fully understood. Similarly waste dilution from country rock containing clay can adversely affect the process.
    The presence of clays has a major influence on the process selection and equipment used in the final flowsheet. The industry has paid a heavy price on a number of projects where the clay was not recognised or the process plant was based on a hard rock design which later proved to be totally unsuitable.
    Trying to mitigate the impact of clay on the process if the percentage of clay in the feed cannot be controlled is a mineral processing nightmare.

    So, We have Mr Juan Jeffery who would be a absolute asset to any company also join the team, a EX-Rio Tinto EX-BHP expert who has extensive experience in clay ores and shipping, a person who can conclude what is the best most efficient way to process the ore…. Does this not complement the board acquisition of Mr Jeremy Gray?
    Finally we have

    Dr Philip Tagini
    A Local Solomon Islander who studied at monash University to get his PHD and graduated in 2008
    A Local who is passionate about mining in SI as I will show below, firstly again from Proactive:
    http://www.*.com.au/companies/pdf/6...d-management-with-key-appointments-63706.html

    Dr Tagini is a former Special Secretary to Prime Minister Gordon Lilo in the previous Solomon Islands Government, primarily in charge of mining policy and legislative frameworks. He is a barrister and solicitor in Solomon Islands, and has handled briefs on a wide spectrum of issues including forestry, mining, fisheries, maritime, land, and commercial and corporation law. Dr Tagini has published and presented on the topic of mining sustainability to both international and domestic audiences.
    Dr Tagini not only was Special Secretary to past PM Lilo he also works with Current SI PM Manasseh Sogavare
    Also below are some extracts from a interview conducted with Dr Tagini:
    http://toabaita-authority.blogspot.com.au/2008/04/solomon-islander-graduates-with-law.html
    I wont go to much in detail as you can view the link for yourself but I will ad the following pic giving us some insight into the mans mentality and decision to do what he is doing….
    dr1.png

    In Conclusion:
    The 3 acquisitions by Axiom is no accident, each member is as important and unique in their own way and each man is critical to the development of Isabel.
    1 we have a international resource analyst joining the board who will help the company grow and brings a pool of international contacts through previous dealings to the company,
    2 we have a man familiar with projects in scale and understanding of working ground up,
    3 we have a LOCAL familiar with all aspects of SI mining law and also is a respected and accepted member in local SI Gov.

    This to me is the final missing piece of the puzzle, also this shows that Axiom are well and truly ready to rock and roll to bring this mine to life,
    We have seen a number of Ann where Axiom says it is talking to a number of parties re Offtakes and Agreements…. Who knows…. Maybe these 3 guys were a pre Requisite for a agreement? We will know in time…. I for 1 though would LOVEEEE to some company/fund commit to Axiom Pre decision to show a full force of confidence in the position.
    Also and MOST importantly for ALL holders…… please remember that as soon as we get a positive decision (pending) we instantly become a Take Over target/ concern…. The only thing stopping a fund acquiring a large stake in Axiom ATM is the litigation….once that is gone there will be a mad rush for axiom shares… do not underestimate the importance of your shares when/if we win, if a company wants our shares they will need to pay up, but i am not interested in a TO....... and i hope Axiom are not either.
    Ill be happy with $8+ though
    J

    Heaps of info on our new members online, quick search and you find some interesting results.

    GLTA holding through good and bad,
    The only certainty is that its going to be a busy few weeks for all involved
    im predicting a 39.5open with a close of 43.5 on monday with the capper blown out of the water.
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.