AEX 0.00% 1.1¢ acclaim exploration nl

annual report, page-29

  1. 56,553 Posts.
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    re: annual report salty ii No worries Amazed - I know you have completed DD and are sitting on a profit. Others may not be.

    Grades are already known to be low and it is very doubtful, although I know the "11" number was significant for you, that JORC compliancy will be upgraded or increased. That is the dynamite if they can prove her up - if not she will fizz in the short term IMO.

    Anyway, it is all speculation and managment is questionable given their expertise and Waller's name is mud - no doubt about that.

    I see many positives in AEX but sometimes it is good to be alert to the realties. I really think anything over 5.3/5.4 is iceing on the cake atm but everyone has to make up their own minds.
 
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