AVQ 0.00% 2.5¢ axiom mining limited

what is going on, page-36

  1. 3,914 Posts.
    Who are the wolves and who are the sheep?

    If you want to invest based on unsubstantiated post which both @shane.hardy and @rusty02 were posting a lot of here, you are free to do it but others have the right to question them given they might be getting incorrect information from their source or possibly their source is getting incorrect information and if it's "off the record" from the company, what do you think they would say beside "we expect good outcome".

    Even @rusty02 recent comment about the by-product credit is misleading, firstly it only mention limonite ore which isn't a viable operation (as indicated in their PFS), these are form on the surface so they need to dig all this up until they reach the saphorite deposit so ask yourself who is going to mine these Mt of llimonite ore which isn't viable for DSO to sell some unprocessed cobalt.

    If they have the onsite processing infrastructure (which cost $500M+ USD to build) that is a different story, they can extract the nickel and cobalt and sell those content separately so the processing plant gets the benefit of the by-product credit but they don't they are only doing a DSO operation.
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.