AVQ 0.00% 2.5¢ axiom mining limited

SMH Article - Axiom Mining ups raising..., page-145

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    One goes up, one goes down... http://www.bloomberg.com/quote/8053:JP
    "Axiom Mining (AVQ) 26.5c abbreviated..The Australian.
    ......But the court also didn’t endorse the challenger, Japan’s Sumitomo, and Axiom has been invited to reapply.
    Axiom chief Ryan Mount, who lives in Honiara and is married to a local gal, is convinced Axiom has enough local goodwill to be awarded the turf. Mount expects to hear from the authorities “shortly” but it’s wise to assume that, as with the prolonged court battle, the process will take time........Luckily, Axiom has a plan B and decided to go ahead with the San Jorge portion of Isabel, which is roughly the same size and scope of Kolosori........... “Things are hotting up,’’ Mount says.
    The acid test is that Axiom this week finalised a $5m institutional placement, increased from the original $3m. Spec buy maintained.
    From: The Australian accepts no responsibility for stock recommendations. Readers should contact a licensed financial adviser. The author does not hold shares in the stocks mentioned."

    GLTA
 
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