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12.5¢ australasian metals limited

2022 Drilling Schedule,, page-31

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BobbyDee

259 Posts.

19

11/01/22

16:41

Post #: 58782482
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Originally posted by 07Slavesam ↑

I could be wrong, however believe both the Capella and Mt Peake drilling campaigns don’t begin until early 2022. Unless we are expecting more rock chips from Mt Peake closer to the CXO boarder I don’t think there is much room for a positive movement before the end of 2021 (usually mid/ late December is a quiet period on the market anyway). For now I’ll be watching on eagerly hoping for another >1% sample from Mt Peake and some firmer sampling results.

A8G is relatively cashed up and with large tenements, 2022 could be a good year for drilling. At the minute though their results haven’t been amazing, just average (remembering that CXO had loads of strike >1% Li2O and even closer to 5%, while 26/27 chips A8G sampled were below 1%). There’s a fair bit of speculation on this feed regarding SP movement, best to keep in mind that micro caps swing wildly for a variety of reasons, wild swings of 30% etc… are part of the fun.
Enjoy the ride.

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Thanks for the comments 07.
If this thing proves up at Mt Peake could it possibly be worth an absolute fortune to CXO which is just
next door?
They are well underway with their mine I believe.

A8G Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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Last 12.5¢		Change 0.000(0.00%)		Mkt cap ! $6.515M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.5¢	$563	4.5K

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No.	Vol.	Price($)
1	23431	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	185573	4

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No.	Vol.	Price($)
1	23431	0.125
1	10000	0.120
1	4583	0.115
2	51000	0.100
1	60000	0.088

Price($)	Vol.	No.
0.130	185573	4
0.135	4303	1
0.140	30000	1
0.145	29177	2
0.150	2917	1

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