Ann: Primary Nickel and Copper Sulphides Confirmed at Mt Ridley, page-63

Hi All- McCamma,

I had professional feedback which reads along these lines, worthy of consideration I suggest, as follows;

"MRD have confirmed there are the right host rocks in our region which is a great start given the level of testing done so far. Magmatic Ni sulphides is also a great result."

Main game is to find the ore, now that we know "the right process has taken place" in this part of the Fraser Range terrain. They still have to do that as well.
Disseminated is highly unlikely to be economic. They need massive sulphide ore to have a chance.
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So back to my own words;

The indicator lights are definitely "on"- the drilling so far is quite shallow, importantly imho the true test is depth, and similarly strike (where at least and already the sulphides show as a lengthy and decent lineal distance).
Nickel in the region is not uncommon as some may think, e.g. near Ravensthorpe there was the RAV8 (no not a new Toyota 4WD suitable for the bush) Ni mine, plus another which started stopped and commenced again under better management by First Quantum, where the staff were mainly housed at Hopetoun.

All we need is AQD to compliment the efforts, in comencement of their own drilling in earnest, more of reasonable first round results from the MRD remaining holes, then either of their future and deeper holes to hit the mooted bullseyes, where the concentrated massive sulphides occur.

I am pleased in general, but like any spec you are either in or out and it will be too late if either of these horses bolt, we trust like a Sirius to $5.00- well ok even $2 or $3 will really excite me!!.
I hold AQD shares not in MRD as yet, but their work is really meritorious and will provide much impetus for the region, I'm especially happy to see AQD have added significantly to their initial tenure holding most generally south of MRD'S.
GLTA
Sarg has left the building.