AGM all good people.John Williams gave the presentation but Tim Hronsky (ex Placer Dome big wig)...no pun intented.... spoke about A1's gold prospects.He clearly gets a buzz out of gold exploration. Got me excited anyway!
The Narnoo Nickel prospect seems to be a cause for excitement.They are looking globally to partner it.
Negotiations are in place with three parties regarding current jorc compliant 1 million ounce discovery near Laverton.(nobody specific given at this stage).If you read the analysts report on their website you can join the dots though....Milling is still an option.
The registry has past into firm hands.I think ANZ nominees has become biggest shareholder.
One million dollars to be spent on exploration next year for A1.
It seems the gold prospects(Tim said they will be using new technology when drilling) on the Narnoo tenements will be floated off to form Desert x (something like that)in the new year.I am counting on preferential treatment here.lol.
Over 6 million dollars in the bank.
This is all done from memory so please do your own research.
agm, page-5
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