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AVQ

0.00%

2.5¢ axiom mining limited

Hi rusty. maybe some mothballed gold prospects may fall in our...

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Consolidated Fuzz

2,420 Posts.

12/07/16

20:50

Post #: 18253902

Originally posted by rusty02 ↑

Maybe the threat of supply is starting to bight.
Up to $4.64lb for $1,0230/tn

http://www.*****net.com/charts/metals/base/t24_nk450x275.gif

According to the 60 day chart, if this trend continues nickel will be up to $5/lb in a couple of months.
So at $5/lb for $11,020/tn I'd say the 1.1-1.3% Ni medium grade Ore will be commercially viable for Ore shipment. That's another 6-8mt on top of our premium grade.

http://www.*****net.com/charts/metals/base/spot-nickel-60d-Large.gif

If Axiom are re-awarded Isabel back the combination of SJ and Kolosori deposits and their "in ground" value is going to re rate AVQ. Knowing Off-takes are ready for sampling and the leverage Ryan will have with funding, where AVQ re rate will form support moving forward. Icing on the cake is Axiom have strong support in the Solomon's, I wouldn't be surprised if other ventures are offered.

PS;
There you go now EST 17.53;

Column 1 Column 2

1 Nickel July 12,02:59

Column 1 Column 2 Column 3 Column 4

1 Bid/Ask 4.6629 - 4.6652

2 Change +0.1111 +2.44%

3 Low/High 4.5405 - 4.678

$4.6629/lb for $$10,280/tn touched $4.68 for $10,315/tn

One hell of a roller coaster ride this investment has been.
cheers and good luck.

Expand

Hi rusty.
maybe some mothballed gold prospects may fall in our lap....who knows?

AVQ Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held

4 Upvote

0 Great analysis

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	Column 1	Column 2	Column 3	Column 4
1	Bid/Ask	4.6629	-	4.6652
2	Change	+0.1111		+2.44%
3	Low/High	4.5405	-	4.678

Hi rusty. maybe some mothballed gold prospects may fall in our...

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Issues emerging as Australian companies tackle critical minerals challenge

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