RCR Company Update

Axiom Mining Limited (ASX:AVQ), 29 September 2014
RCR Resource Capital Research

we consider that a market capitalisation of ~A$180m and a share price of A$0.055 is a reasonable near term (3 months) share price target.

The Japanese giant Sumitomo Metal Mining has spent millions challenging Axiom's 80% ownership of the project, clear indication that the project is of great significance to such a major company.


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