AVQ 0.00% 2.5¢ axiom mining limited

Trading Halt, page-13

  1. 3,548 Posts.
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    "Feasibility dodgy? How can you do a DCF on an asset which has not even been drilled by AVQ?"

    Yes you could if a PFS was a requirement and the deposit did have existing drill data. Remember this is a PFS not a BFS. The SJ data taken from the Inco and Kaiser results must provide the recipient of this PFS with a huge upside when comparing Archival data to the JORCed data at Kolosori.
    So I wouldn't agree the feasibility is "dodgy". Figures seem to b conservative to me.
    As to the clarification ??? Don't know yet.
 
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