AVQ axiom mining limited

Yes it was however we had two tenements, a lease, a new company...

  1. 527 Posts.
    Yes it was however we had two tenements, a lease, a new company (per se) and a fresh idea we took to the market to raise funds.

    Now it is a very different story, if we will need to rely on SJ, we will be in a position were we will once again be desperate for funds, will will have some ridiculous amount of options already in the market place that do not expire for 10 years, as such I can not believe that any CR could be done with the offer of options. We will not gain secured finance (what would we secure it against??).

    Potential might be their, but no doubt we would have to raise upwards of 15mill to prove it up and then more for development (of course if we were able to prove it up, finding capital to develop would be easier), but the big question remains regarding funding in order to get to the stage of having a proved resource first
 
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Currently unlisted public company.

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