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2.5¢ axiom mining limited

you made a lot of loaded assumptions there. Not sure if it can...

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Redpapa

1,516 Posts.

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23/03/16

12:16

Post #: 17345483
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Originally posted by SandBagger ↑

imo, SMM had a loss of face when AVQ originally "won" the case and lease. A large Japanese resource company pushed out of a mining lease in small Pacific country, by a small Australian company. They now have the opportunity to "make their face". My point is that they may want this beyond economics and they have the cash pile. As I understand it the lease is under the control of the landowners. SMM may relinquish an existing lease and put forward a deal that cannot be ignored by the landowners.

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you made a lot of loaded assumptions there. Not sure if it can be discussed properly

AVQ Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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