ryan mount for ceo of the year

he company is a Hong Kong entity and is well protected by privacy and disclosure requirements that are far less that Australian companies.

these questions would be best asked at an AGM but these are conveniently done in HK despite most of their shareholders being in Australia. Pretty poor form.

Its an interesting exercise to add up all the consult fees over the years. Plenty of questions for these guys at the shareholders briefings. Despite it being informal and not official like an AGM it still requires them to front us.

other questions are why is their still litigation costs every quarter? are we still paying off the costs awarded against us from the COA?

what happened to that killer court action against SMM? nothing as usual. just puff and rubbish to keep the gravy train rolling.

Really a 170,000 a week loss. Amazing if it's true

hareholders usually get to air their grievances in the formal setting of the AGM, but Axiom run and hide in Hong Kong every year to avoid these hard questions.

If you can get to one of the shareholder info sessions in Brisbane and Sydney i would suggest you do and help other fed up shareholders put pressure on for real answers regarding these issues.

We don't want a blizzard of hope presentation and need as many shareholders to attend seeking proper responses.

We can't let them set the agenda of what they want to discuss, which will be waffle and hope. Answers are needed regarding:
1. the excessive Remuneration
2. what the $$ are spent on consultants for. A detailed breakdown of these costs
3. why are we still allocating funds to litigation costs each quarter
4. Where is the PFS for our existing Lease
5. What drastic cost savings are planned in light of the limited to non existed activity.
6. When is the Minerals Board meeting next? and if so are we on the Agenda
7. Since March 2016 have we been on ANY Minerals Board meeting agenda and if so what was the feedback and if not then WHY NOT.
8. What is the next plan for funding when the Con notes run out next quarter.
9. instead of diluting us to hell each quarter should they consider cutting expenditure??
10. What is the true state of support within the community of a SAA INCLUDING those individuals that were successful in their court action in the COA.

Another question to ask is why has a Mineral Resource not been announced for San Jorge? The drilling was completed ages ago but still no Mineral Resource. Why?

They never wanted too after the COA hence sh's were made to vote on a package together with doubling of shares to offer that RM could earn more money than any exploration CEO that ever lived

Most paid under achieving CEO there has EVER been

All aboard !!!!!! Titanic leaving port

Totally unsinkable till there no money . Is rent still $8000a month or was that a week ???

At least with science tology there’s a bus for pick up at the end of the world , just not sure of location . So let the solemn titanic sail into the wind with no money no contract of mining and really stuff all except a few photos

No mining contract is a ship sinking in crap . But wait let’s talk to the new stupid Investers , mate when we were here 5 years ago , it was the same crappa. Thank god for capital lose credits . Just wait for licence and then you buy into the company avq sells to for a $ 1

Don’t know how u can mine with no money , or even mine a mining license with no capital . Not since the titanic will we see such a slow motion sinkage . It could be a screen saver for 5 months of little action except in Hong Kong with 389 penpolds

Once again gotta feel sorry for all those retailers who got sucked into the pump. One day after ahmes75, who has lost all credibility, published a fake news article another 3b was announced by AVQ. Like clockwork.

The article was old and talked about South San Jorge, nothing to do with Kolosori. Ahmes could not even provide a proper link, only to some closed facebook group. Pathetic.

There is nothing happening here and nothing will happen ever. SIG does not need a mill or two max in royalties from a tiny DSO operation. Given RM's lack of track record there is very little chance AVQ would ever produce even if given the license. Shipping by Xmas, Jorc by Xmas and countless promises that RM has not been able to keep speaks volumes. Every time AVQ raises money they claim it's for the development of the Isabel project and for SJ yet nothing is ever spent on anything but overheads. How they can keep makign these claims in announcements to the ASX is beyond me. ASIC should investigate where the money goes since it does not go to what they announce to the market. Fraudulent.

Solomon Islands Customs collected SBD$1 billion in revenue last year (about A$170 million). That's what SIG needs, not a mill or so from a tiny DSO operation.

"Taxes collected on imported goods help provide the Pacific island nation – among the world’s least developed – with funds needed to deliver important public services and infrastructure, such as schools, roads and hospitals."

http://www.solomontimes.com/news/solomon-islands-customs-collect-record-sbd1-billion/8741

As sad as the situation is you have been right all along. This company unfortunately only exists to benefit a very small few. Its been proven time & time again that RM is only in it for himself and its evident through his exorbitant pay packet, especially when the companies stuck in limbo land. Very sad for all the mum & dad investors that bought in during the pump & dump exercise not long ago. I think its fair to say the writing is well & truly on the wall now and its undeniable where AVQ is heading at a rapid rate. I wish ASIC and all the relevant Government bodies took a closer look at the way Axiom Management have conducted business over the past 36 months. Blind Freddy can see whats really transpired here!

Very very sad to say the least....

The landowners who are $25 million in debt?

But forgetting that what do they have to do with the SIG? So much talk about Isabel project "saving" the SI economy when simple math shows it would contribute very little.

Also remember Anitua has the contract to employ who they want. They have no obligation to hire locally no matter what they may have said in meetings.

You should ask RM why he is not spending anything on SJ when AVQ keeps talking it up.

How can AVQ keep saying that the funds they raise is for development of the Isabel project when the company has been idle for years? ASIC should investigate these claims and AVQ should provide proof that they do with the funds as they continue to claim in the announcement to shareholders. Or you think it's ok to treat shareholders as mushrooms? What if someone buys shares because they think AVQ is spending the money on drilling when they do no such thing? RM is walking on thin ice there

"Funds are used for exploration and predevelopment activities in Solomon Islands and for general working capital requirements."

Every time they claim this. Yet no exploration going on, no pre-development going on. Straight up lying in their ASX announcements

While RM keeps waiting for the next meeting and then the next meeting he collects $1m per annum. No drilling, no exploration, nothing to do except wait and collect big paychecks. Easiest job in the world lol Shareholders getting fleeced

Tell me Deet, why is the Chairman also a consultant earning $100,000 consultancy payments per annum? Wouldn't anything he does for AVQ fall under his job as a Chairman?
How can someone collect a wage and a consultancy fee? makes no sense

even at 10 cents its a mkt cap of $40 mill and got nothing??? hello

SIG AVQ titanic about to sail . No joy unless woman and children are first , as investors .
Because we know who else goes down with the ship

If they had a proper EIS they would have to announce it, by law.

Desperate attempt at a pump. Appendix 3b to come soon, no doubt.

Good to see with all those weekly expenses. RMs $15k per week Multiple people on the pay roll Good to see axiom are up to date on their website. The local fish & chip shop does a better job at keeping their website up to date with relevant information. Still talking about commencing mining in the first half of 2017 lol http://www.axiom-mining.com/irm/content/solomon-islands.aspx?RID=217&RedirectCount=1

BEST ASSET HOTEL Featured
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16 February 2018 1 2 3 4 5
Author Editor
BEST ASSET HOTEL
The Heritage Park Hotel.
SINPF defends investment in Heritage Park

By CHARLES KADAMANA

HERITAGE Park Hotel in Honiara is one of Solomon Islands' National Provident Fund’s (SINPF) best performing assets.

That’s according to SINPF general manager Mike Wate.

“Heritage Park Hotel Limited had returned more than 60% of SINPF’s original capital of $28 million for its 10% equity in the hotel,” Mr Wate said.

“And that the hotel is one of SINPF’s best performing assets,” he added.

“Since 2010, SINPF has been consistently receiving cash in dividends, interest on shareholder loan, plus continuing positive capital appreciation.”

Mr Wate’s comments were in response to questions raised over SINPF’s investment in Heritage Park Hotel.

The hotel is a joint venture between Nasfund of Papua New Guinea, which holds the majority share, and SINPF.

Chairman of the Board of Heritage Park Hotel Limited, Mel Togolo, of Nasfund PNG, said he was extremely disappointed that the good name and reputation of Heritage Park Hotel is being denigrated by negative press articles related to returns to SINPF.

“I was appointed to the Board by Nasfund of Papua New Guinea, who are the majority shareholder in Heritage Park Hotel,” Mr Togolo said on Wednesday.

“I can advise that the Heritage Park Hotel is Nasfund’s second best investment in the 2016 Annual Report,” he added.

“The returns from Heritage Park Hotel are extremely good.

“Nasfund is very successful in Papua New Guinea with net assets of Kina 4.4 billion (SBD$10.6 billion) and over 575,000 members.

“The 2016 Nasfund Annual Report, which is available to the public, states that the return on shareholder equity and loans to Heritage Park Hotel in 2016 was 12.5% pa.

“SINPF get the same rate of return as Nasfund from its Heritage Park Investment.”

Mr Togolo said statements made by critic Charles Dausabea in respect to Heritage Park Hotel Limited are incorrect, untrue, misleading and damaging to Heritage Park Hotel Limited and should be retracted.”

“I believe that the analysis done initially by a Solomon Star journalist did not reflect the correct facts and the assumptions were totally incorrect.

“It is very important for journalists to check their facts before publishing, so as not to mislead the public.

“While I do not speak on behalf of any individual shareholder, I will protect the brand and reputation of Heritage Park Hotel for the good of all shareholders.”

heritage hotel is RM hang out $400 a night who pays for that??

Sandune is a sick stalker?