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Aim Exploration Inc. (AEXE)

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Last Post: 4/18/2018 1:56:56 PM - Followers: 93 - Board type: Free - Posts Today: 0

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Welcome to   AEXE
 

Aim Exploration Inc. (AEXE) is a Henderson, Nevada headquartered company. Aim operates as a mining company focusing towards Anthracite production in Peru and worldwide marketing through a joint venture corporation with Prina Energy of India. The joint venture marketing arm is currently in the process of being formed and is intended to have the head office in Dubai, UEA.

The Anthracite Coal concessions are owned and/or controlled through their wholly owned subsidiary Aim Exploration SA. in Peru. AIM considers the mining concessions in Peru to be a high grade Anthracite Coal property in the Alto Chicama basin, in the province of Otuzco in Peru. Aim SA acquired these rights by purchasing these assets from Percana Mining Corp (Percana SA), a Peruvian corporation.

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Did You Know?

 Coal is the world's largest source of energy for the production of electricity.

 1 billion tons of coal used in global industrial steel production each year.

 There are zero alternatives to coal in the industrial steel-making process.

 
Peru Project Site Details
Lajon is located in Huaranchal, which is one of ten districts in the province of Otuzco. It is about a two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco. It is also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.
 

INFRASTRUCTURE

  A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing.
 
Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities.
 
The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port

 


The assets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively. Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits. To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

 
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Anthracite coal is a highly desirable resource with a variety of uses. It is primarily used in the manufacturing of steel, the production of cement, and the generation of electricity. 70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012). Anthracite is the highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

The unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace. Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.


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$AEXE on Twitter--> @AEXEQB
 
 
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AEXE News: Securities Registration Statement (s-1/a) 01/29/2018 06:08:43 AM
AEXE News: Quarterly Report (10-q) 01/22/2018 04:59:37 PM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 01/16/2018 01:34:16 PM
AEXE News: Statement of Ownership (sc 13g) 12/29/2017 06:13:25 AM
AEXE News: Securities Registration Statement (s-1) 12/11/2017 04:53:08 PM
PlusOneCoin Top Posts
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PostSubject
#3910  Sticky Note News out! $3M PO request per month. Wreckingballer 02/09/18 01:12:02 PM
#4725   Sure. Drain my acct fuckers! Clutch29 04/18/18 01:56:56 PM
#4724   Probly see sumtn monday? Mo-fo's bez not be Clutch29 04/17/18 12:41:54 AM
#4723   Zzzzzzz tc3cars 04/14/18 01:15:19 PM
#4722   Frosted Lucky Charms they're magically delicious. Mani67 04/12/18 07:30:27 PM
#4721   Just hope for a bottom bounce and run Tim111 04/11/18 08:34:48 AM
#4720   Ya I thought about it too. I just Clutch29 04/10/18 01:24:26 PM
#4719   I feel same way clutch. But also im Mani67 04/10/18 01:00:29 PM
#4718   Look a unicorn! Mani67 04/10/18 12:59:18 PM
#4717   2 months no interaction. Fuck these guys Clutch29 04/10/18 11:13:58 AM
#4716   87% of my original buy in is gone. Clutch29 04/10/18 11:11:21 AM
#4715   Bottom bounce loading Tim111 04/10/18 08:46:53 AM
#4714   Can anyone confirm 1.5B AS? geocam 04/06/18 02:26:53 AM
#4713   What is it with a buy of 64 casignguy 04/05/18 01:04:26 PM
#4712   Noticed this too. Were due for a move Clutch29 04/05/18 11:12:31 AM
#4711   The volume is way up today compared to clb5412 04/05/18 10:48:09 AM
#4710   Lookin like. Just cant imagine how this was Clutch29 04/05/18 10:37:43 AM
#4709   Maybe tang is smarter than us? Mani67 04/05/18 10:32:38 AM
#4708   No I didn't post anything. I was just clb5412 04/04/18 03:55:37 PM
#4707   Did you try to spam their twitter to casignguy 04/04/18 03:36:47 PM
#4706   RBS exec gone hedgey Clutch29 04/04/18 01:20:49 PM
#4705   So I'm going through twitter feed for AEXE clb5412 04/04/18 11:45:10 AM
#4704   Who knows. Maybe popsicles are trending in peru Clutch29 04/04/18 10:18:12 AM
#4703   Earnings??? Are they doing anything to generate revenue? Mani67 04/04/18 09:58:03 AM
#4702   Well earnings will be comin shortly. Hopefully pick Clutch29 04/03/18 11:39:42 PM
#4701   I wish these dopes would do something Mani67 04/02/18 03:37:05 PM
#4700   Checking in. I got crushed back when the arbytrader 03/30/18 09:41:31 PM
#4699   What suit are you speaking of. I thought Clutch29 03/28/18 03:55:46 PM
#4698   Wow aexe is still trading? With all the mightymk 03/28/18 03:11:45 PM
#4697   The mine itself has to be worth a eck 03/28/18 02:47:12 PM
#4696   Nada, pe ratio means nothing here. we need eck 03/28/18 02:40:29 PM
#4695   Does our drastically changed p/e ratio mean anything Clutch29 03/28/18 01:46:36 PM
#4694   Waiting to see if 7's hold. If not eck 03/28/18 11:49:23 AM
#4693   Got the .0007s. MrLucky 03/28/18 11:47:11 AM
#4692   Trying. MrLucky 03/28/18 11:34:30 AM
#4691   How bout some 7's??? eck 03/28/18 10:23:34 AM
#4690   What the heck, sell me some .0008s. MrLucky 03/26/18 02:12:48 PM
#4689   Coming shortly... Nothing Mani67 03/23/18 01:58:14 PM
#4688   AEXE looks like .00s coming shortly threewheeler 03/22/18 10:58:39 AM
#4687   How the f can you make anythin when Clutch29 03/21/18 10:31:44 PM
#4686   Stop your crying and work ..... Gunmetal 03/21/18 09:57:46 PM
#4685   It makes no sense to liquid a commodity Clutch29 03/21/18 05:18:49 PM
#4684   They want to be the first to make MrLucky 03/21/18 04:01:22 PM
#4683   Just freaking dig for f@#^ sake Mani67 03/21/18 12:01:04 PM
#4682   interesting 11 million bid AEXE, might be something threewheeler 03/19/18 03:34:36 PM
#4681   Surely if they dig it will. Mani67 03/16/18 02:26:38 PM
#4680   Thinkin shorts got caught bad on the last Clutch29 03/16/18 01:51:29 PM
#4679   When I see the ask showing .001-.0012 it clb5412 03/16/18 01:41:13 PM
#4678   Feels like somethin big is going on as Clutch29 03/16/18 01:35:22 PM
#4677   I feel like at some point it will clb5412 03/16/18 01:31:44 PM
#4676   Good to kno, bit we have held solid Clutch29 03/16/18 01:29:42 PM
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