abu or current producer if you are a gold bull, page-13

Here I am waiting for good news from the labs, and instead we good news of a different kind:

"We wholeheartedly welcome Andrew Ferguson to the board of directors of ABM. He will bring valuable experience in capital markets and financing to the Company,
and is also a qualified Mining Engineer.”

A new director appointment with financing background (as well as a mining engineer) would suggest the company is preparing for what we all want- a move towards financing and production.
Our focus is no longer 100% exploration.
He is also the MD of APAC, a 20% shareholder of ABU.

It seems APAC has a very good investment track record so good to see them recently taking such a large position in ABU.
I expect their strong track record will continue with their holding of ABU.

“Prior to APAC, Mr Ferguson co-founded New City Investment Managers, a natural resource fund management
house in the UK and grew assets under management from US$6m to circa US$650m in the space of 4 years.
City Natural Resources High Yield Trust was awarded the best UK Investment Trust in 2006. As part of the
CQS's acquisition of New City, Mr Ferguson became Chief Investment Officer and Senior Portfolio Manager at
CQS in Hong Kong.”