ann secures 19.6 mill strategic investment, page-42

This may be the "Ides of March" broadside I was referring to in my second to last post. And, I agree, the inclement weather conditions, the delays in ML grant and the dilution with an immense number of shares added to the scheme is a blow.
However, has anybody considered that Pacific Road Investment would have offered less than 2.4c if they did not think ABU had a brilliant future or if they thought that ABU is another run of the mill poorly managed gold explorer that has run out of puff? Look at the projects ABU has in place with the JV on the Lake Mackay tenements and Clancy's involvement to be finalised soon, a potential porphyry gold deposit in the Buccaneer, Croda, Hyperion, the line of credit in place and the results of the clean up of the Trial Mining exercise. 30,000m of drilling is a fabulous programme to embark on and I think you will find that there will probably be at least 2 rigs when the roads permit access to the allocated sites. I also suspect that much of it will be RC (Reverse Circulation drilling)it will be shallow drilling to say 150 m maximum depth and therefore will be completed in no time at all. Why! only a few weeks ago the price was down to 1.9c briefly. An offer of 2.4c is OK. So, Let us focus on these positive aspects and be patient for a few more weeks.

Chin up every one -IT'S ALL GOOD and IT WILL HAPPEN!

Cheers,

Helmenesh