Mo - What does that mean for the LOI that was awarded to AVQ? It...

Mo
- What does that mean for the LOI that was awarded to AVQ?
It would mean that axioms LOI would be null and void as another LOI can not be issued whilst a current LOI exists
- How can SMM then "legally" have their LOI cancelled, or how should that have been done?
They have been claiming in court that they were not given notice nor did they have any knowledge of the LOI being revoked, (Total BS btw, their defence in court is laughable)
- Can a LOI actually be cancelled?
100% can be and it was.
- Does cancelling a LOI (if possible) lead to a re-tender to all parties?
Retender is only 1 option, why i have said Re-tender is because it will put to bed all posible issues that may arise from and they can be dealt with prior to any permits/licenses being issued
- How long (i.e. years) will it take until AVQ will finally be permitted to mine the land if we have to go through the motion of cancellation, re-award, etc?

Avq has prospecting license issued in weeks, another reason SMM are dirty, so as long as RM has done his homework this should be a easy transition, even if there is a appeal (which SMM would be crazy not to lodge) the key is to remove injunction.


hope this helps