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2.5¢ axiom mining limited

Axiom meets with Gov't and Landowners, page-104

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wsDK_II

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11/04/17

11:42

Post #: 23995800
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Originally posted by djm3001 ↑

WsDK i don't really agree with that. If we were in genuine a wait and see we would have had the AGM here in Asutralia and outlined exactly our position with regards to the application.

They would have also outlined essentially a shutdown strategy in relation to costs and then raised the minimum to keep the lights on and then "wait and see".

But its a spendathon as usual and fingers crossed that a miracle happens. Pass the hat out to the shareholders with basically NO information to make a decision and no plan to cut costs or even how long the funds can last.

They need to learn how to hunker down! Too used to the high life i'm afraid. Its like watching a rich fat kid try and survive on a desert Island....

If they don't change their whole approach they will have a very limited future.

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It is wait and see for the shareholders of AVQ, not AVQ themselves - they are busy working with SIG / landowners etc to get what needs to be done, done.

But in saying that, SIG need to accept the risk of litigious action from SMM and get the approvals to AVQ now.

AVQ Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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