AUL (ASX) Ann: Rose of Denmark Delivers Continuing High Grade Results

Originally posted by trtkjd1: ↑

Oz how can a statement like that be made on the oz produced known so far . Next 3 months will see the end of McNally’s original mining zone. The company stated they were targeting the high grade areas first. So they might be gone by now. If the high grade is gone it’s going to be a long stretch to get the 3 mill in revenue from this quarter. Seriously you guys need to stop taking what the company’s says as gospel and dig a little deeper into how most of these small company’s operate. They will hide reality from you and sugar coat anouncemts as being good when they are no where near as good as they seem at first glance. Late announcements and missed deadlines rarely bring joy . I do hope for your sake Vert is right and there is good to exceptional news coming from McNally’s. The figures realeased yesterday have some good numbers in them and people were frothing at the mouth . But they chose to realease it as a an average Over the total length with no top cut applied. The reality is that hole could easily have hit a couple of small nuggets in that zone of 1 metre and there be not much else. Could be that it’s filthy rich with visible gold everywhere, but they haven’t shown a photo of that. They may well go ahead and mine it and all will eventually be revealed good or bad, but there is a big developent drive needed and lots of what appears barren dirt amongst the better drill intercepts. You can rest assured if I see figures that I like I will post that. I once would have bought on those figures but seen and been in to many with what look like good figures on paper go bust . Take a look at Abu old pirate deposit . On the surface easy to mine Hardly any waste to see what I mean .

Expand

"how can a statement like that be made on the oz produced known so far"

You can have the opinion that the upper levels are picked clean, and I can have the opinion that they are not and they could be profitable.

Originally posted by mal230355: ↑

Boz, vert made the statement that trtkjd1 was wrong about McNallys being PROFITABLE. Trtkjd1 correctly pointed oit that proof of profitability is yet to be shown.
That is not a positive post in rebuttal it is conjecture pure and simple on verts part and needs to be challenged, imo.

Expand

Sounds like one rule for trtkjd1 and a different one for me. Did you cry out "conjecture!" when many said that McNallys didnt exist?..

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

IMM

Ann: Rose of Denmark Delivers Continuing High Grade Results, page-64

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Immutep reports strong response rate from immunotherapies treating carcinomas

Featured News

Ann: Rose of Denmark Delivers Continuing High Grade Results, page-64

Top Stories

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Immutep reports strong response rate from immunotherapies treating carcinomas

Featured News