AVQ 0.00% 2.5¢ axiom mining limited

Nickel Rose again..., page-177

  1. 3,593 Posts.
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    Hi JK
    Many mines with high OPEX, midstream or in the back end of their resource, low grade ore or just not viable will stop production resulting in a supply issue for quality DSO regardless of demand,
    "Demand does appear to have (stopped falling) flat lined at around 21-22mtpa,” Mr Smith said.

    Phillipinnes will be in monsoon season soon so xmas / new year we should see continual nickel spot LME increase. So demand won't increase but supply will in time.

    The report then goes on to say;
    “Against this environment, it is difficult to see any new nickel laterite projects being developed over the next decade.”
    ....and that's where Axiom come into -play, proven DSO quality, JORC resource, a mine life of many many years and low cost mining implementation and operational costs and finally the added bonus of a good corporate structure and platform.
    Above IMHO from this article and other research I have gathered.

    This is why I said to all a while back "Patience grasshoppers". I'm still learning about patience. The Corporate Law system is testing mine ATM.
    Cheers and GL with your AVQ investment.
 
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