AVQ 0.00% 2.5¢ axiom mining limited

Hopefully IE, Whilst the Philippines are ending supply of...

  1. 3,848 Posts.
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    Hopefully IE,
    Whilst the Philippines are ending supply of Chinese imported ore (IMHO probably due to the dispute of sovereignty in the south china sea) upward pressure will push the nickel to new heights. China still, and will always have a thirst for S/S, let alone new fuel cell systems and I believe 2017 supply/demand ratio will play into Axioms hand.

    PON seems to be going crazy ATM; EST 19.25pm
    http://www.*****net.com/charts/metals/base/t24_nk450x275.gif
    At $4.7151/lb for $10,400/tn.

    Huge impact for AVQ. Will jettison Axiom into a mid term nickel production miner with possibly one of the biggest Wet Tropical Laterite deposits world wide.
    GL mate.
 
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