Ann: AEM survey identifies new near surface targets at Walford, page-4

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Nazgouhl

236 Posts.

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27/10/22

23:18

Post #: 64443345
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Originally posted by eastwest101: ↑

This might be the 'heart breaker' or final straw for some holders, as the AEM geophysics shows up a parallel zone approx 3-4km south from the Vardey-Marley-Amy zone that has been extensively drilled. Thats another 14km of strike to test, so at current rates of progress of ground data collection and then drilling, that will keep them drilling until 2030 at least if the geophysical zone is actually base metal mineralisation and its worth drilling out. If that happens then that would be another further 5 years of dithering and trying to get finance for a super large high capex metallurgical complex project out in the middle of b&*-f#@k nowhere, so now we are talking 2035 maybe until the go button is pressed and thats even if base metals prices and capital markets allow it. This is an investment for your great-grandchildren at the moment..

The AML long game investor:

I seriously doubt these guys will ever turn over a sod of dirt mining, this is basically waiting until its too big for Glencore or some other seriously large base metals miner with unlimited deep pockets to ignore.

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Miners of the shaŕemarket, the only winners here are the directors and the brokers next CR (they dont call them brokers fot nothing).

AML Price at posting: 2.7¢ Sentiment: Sell Disclosure: Held
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Ann: AEM survey identifies new near surface targets at Walford, page-4

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