Axiom (ASX AVQ) have just announced that they have had their application for the Kolosori nicklel deposit rejected in the Solomon Islands . Kolosori is the better of the two areas that Axiom laid claim too. It comes in at 1.6% Ni and has had a lot of drilling done to it. The big boys have been eyeing it off for years.Sorry for the AVQ shareholders as they have had a hard ten years with court case after court case but SI is not a good jurisdiction. Whoever gets it in the end looks like having to go thru the same themselves.Word on the street in Honiara is that a Chinese group will be awarded it.No mention of which group . But I know one in PNG which is doubling production and will be looking for additional ore, and it is just up the road, well nearby.Now being a conspiracy theorist wouldn't it be interesting if the delay in keeping us informed had something to do with this?Doesn't that 1.6% sound nice.
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