Thanks Rusty. "2/Appeal still to run its course and Axiom could...

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16/10/15

12:32

Post #: 16191478
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Originally posted by rusty02 ↑

Hi Jazmac;
1/ Company resources aiming at production by end of year
2/Appeal still to run its course and Axiom could ask courts for clarity if no judgement made by around February
3/ Resources targeting Capex funding, Off-Take MOU's and Mine Design and logistics in preparation for Anitua.
4/ ML; now looking at timing of application.
5/ Cashflow projections still on track with nickel now finding support and better discount shipping rates.
6/ Concentration now on channelling exploration to fund a higher JORC to finalise stage 1 production benchmarks
7/ Tropical rain season not an issue with envisaged 12 month full production PA split in 2 shifts for a 2mtpa DSO.
8/ Bedrock platform will be used for stockpiling for better drying capability resulting in increase "Credit Returns"

Mood was positive with good support from Shareholders. Axiom has now employed some good expertise for the purposes of the point forms above and was impressed at the level of interest from newbie and future investors. Window for production before Xmas is getting tight now due to clarities with obvious issues but am confident as management is that we will be producing a saleable product if not this year definitely early next year.
Good luck with your AVQ investment

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Thanks Rusty.
"2/Appeal still to run its course and Axiom could ask courts for clarity if no judgement made by around February"
I wonder what is the driver for having this month in particular ? Anybody has any knowledge/view on this?

AVQ Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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Thanks Rusty. "2/Appeal still to run its course and Axiom could...

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