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2.5¢ axiom mining limited

Monday Shareholder Update, page-185

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31/05/16

21:05

Post #: 17916920
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Originally posted by jessemcm ↑

Yep, fair point. I see what you are getting at.

I think Stock may have been a little off on that statement, Stocks is that a clear memory you came away with?

I'm pretty clear that it was RM's assumption they had or would reapply rather than RM knowing it for a fact.

That said, even if they reapply I am confident they will not be successful for the fundamental reasons that:

A. Very little landowner support;
B. Currently have 3 tenements (see my above posts); and
C. The SIG are looking for the revenue mining will provide and SMM have shown little interest in mining it in the near future.

All of which to me really makes whether RM thinks they have or are yet to reapply a moot point.

Hats off to your persistency, but that's me out on this one.

Thanks

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Hi Jess
Sumitomo are planning to mine the Solomon Islands for Nickel by 2018.
They have no plans to 'land bank', as was suggested some time ago.
Their business plan dated 19 May 2016 can be viewed via the link.
I have copied page 14.
http://www.smm.co.jp/E/ir/financial/roadshow/

AVQ Price at posting: 15.3¢ Sentiment: Hold Disclosure: Held
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