Ann: Convertible Note Issuance to fund Mine Development, page-34

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2020hindsight

547 Posts.

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04/04/20

13:25

Post #: 43877355
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Originally posted by mal230355: ↑

Hi 2020 would you care to elaborate on your exploration theories discussed with boz?
In the MCO days the local geology expert was a guy called Peter Jackson( ?). He had a intimate and unique knowledge of the tenements. The trouble was every time I spoke with management Jacko seemed to have a new favourite so their exploration seemed rather unfocused and they put a few holes here and their but no extensive, focused push in one area. Now this was told to me and may or may not be correct but it was Jackos advice to decline being gifted A1 so his judgement may be questionable.
For example, UFX may comment as his geological knowledge about their approach is far superior to mine, All Nations where they put some holes particularly aiming under a Very small open pit from the old days. I think they may have done some holes at Wallaby and possibly Tinga but UFX probably has a better memory than me on this issue.
So what are your ideas as to how to target a very tight exploration budget for the best bang for buck?
MCO/AUL suffer from the dog with 2 bones dilemma except there's a whole graveyard of bones.

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I know Jacko and every geologist and manager ever worked for MCO and AUL. I know The guy who did the JORC for the deeps and in detail it’s buildup and logic. They were all cloistered exploration geos or traditional same old way operators, good but just same old same.

The new way has been posted before by KRUM find it and read it or get Boz to repost it.

AUL Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
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