Can someone please help me understand the hype around this stock and its massive share price rise. As I see it unless they get the Solomon Islands Mining Approval there will not be much in the way or shareholder value if anything.
The chance of getting the approval to mine seems a long way away especially with the Govt having not honoured their original agreement with Sumitomo why would they be "loyal" to Axiom. I know some will say they have a good relationship with all and sundry, but with a transparent tender process and as well all know money talks there is nothing stopping the really big boys (BHP etc) from tendering as well.
Please can someone advise if I have it completely wrong as to me it looks like a complete gamble and nothing more. thanks
AVQ Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held
