AMI 2.94% 17.5¢ aurelia metals limited

We need resource upgrade, page-3

  1. 526 Posts.
    lightbulb Created with Sketch. 54
    Agree with your sentiments Mooroo,
    But there are 2 drill rigs turning and hopefully expanding the resource. So the resource calculation is a moving target currently. Then there is the requirement for people to stop doing production things to do the resource? I tend to think that as much as shareholders complain there will be no notice taken, and the next update will be mid year as promised.
    That the current reserve sees the mine close in 2020 should be an overriding concern. The drill results over the last 6 months should extend the mine life and this is market sensitive information that should not be with held from the market.
    Scoping Nymagee does potentially add to mine life and can be done quickly to see if there is something there to add. I do have doubts about Nymagee since it has no gold.
    Regards the SP, do management care if the SP is 15c or 25c?
    At least some on the board have bought shares on market which is good, in that they have skin in the game.
    GLTAH
 
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