AVQ 0.00% 2.5¢ axiom mining limited

Mining Licences...., page-54

  1. 3,674 Posts.
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    Exactly Grub,
    That's why most of us LT'er will like to see this over the line to have their oppies in the money.
    As this management have never been able to put oppies in the money we really hope they will come into play. We have 10 years....lol. And just for the record the broker involved with the options stated on the term sheet 1 to 1. It was after payment that all participants were advised this had changed to 4;1..... crickey's, must of been some discussion with the Soph investor to gazette 4 options for each share with a 10 year life.

    As far as "selling on expected news"...no mate this is now a dump. Management have now the opportunity to jump back in the trough all cashed up and the cycle continues. No updates, no reports from the CEO, just keep the sher's guessing with hype and PPP that have no accountability whilst showing opulence and greed. ANN seem to revolve around con notes.
    Anyway's new con notes next month with more dilution and suppression for sher's to keep the trough full for the snouts. You need to read my Con Notes for con artists post.
    Like management said at the Sher's meeting responding to the high and out of proportion cash burn......"it's the expense that you have to have running a mining company" (sounds a bit like Paul Keating). Think management got "mining company" and CR vehicle mixed up. Axiom is no mining company at present.......
    Fingers xed it becomes a mining co and sher's can plan their exit with dignity.

    Nickel Futures - (NICKELc1)

    $11,715.00 -72.50

    http://www.*****net.com/charts/metals/base/t24_nk450x275.gif
    Nickel down a bit but heading closer to the $12,000/t, LME not showing the dip yet but at $5.30/lb trend looking good. News on the 30th of this month combined with PON will put a rocket under this stock. SJ is light on economics of scale but with Nickel over $12,000/t bringing the DSO back to $45-50/t . SJ could provide some fair cash flow for Axiom providing these greedy BOD keep their snout out of the trough.
    cheers
 
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