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19/08/16
19:31
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Originally posted by no vice
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I asked what I thought was a very important point yesterday but it went unanswered. Axiom announced the appointment of a mines manager (ex- BHP) in the run up to the last capital raising. At the time I thought this was suspicious, but many on the forum declared it was different this time. Obviously it had nothing to do with pumping hot air into the inflating balloon, so they said.
Is this man definitely on the payroll now? If so, what value does he bring to a prospecting company with no tenements other than SJ which still needs drilling and a JORC? Axiom managed quite well drilling and doing a JORC for Isobel without this expensive addition and drain on company resources. What is different now?
I can fully understand his appointment if Isobel was back in the fray as we would be entering the next mining stage and growing. Since we don't have Isobel, what is going on (are management so assured Isobel is ours again)? Was it just part of the hype running up to the capital raising?
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I'm guessing he would have been very instrumental in advising on the PFS also. Hard to work out what a mines going to cost without someone who knows whats involved.