AVQ 0.00% 2.5¢ axiom mining limited

Kolosori is dead for AVQ and never coming back and yes the...

  1. Io
    582 Posts.
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    Kolosori is dead for AVQ and never coming back and yes the wasted about $12-15M according to the Qtly reports, on a tenement which they ultimately did not have legal title too.  How RM keeps his job is beyond me.  You have to hand it to the guy, he has staying power.  But given his salary he has nearly $1M reasons to hang on for as long as he can.  Meanwhile the company raises $85K.  Where is the money coming from to build the DSO operation at San Jorge?  Where is the JORC Resource?  Without the JORC Resource raising sufficient money to put San Jorge into operation will be next to impossible.   This is just going to lurch along until it finally runs out of options and cash.
 
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