AMM 0.00% 2.0¢ armada metals limited

Ann: Bend Nickel Project - Zimbabwe - Addendum, page-3

  1. 48 Posts.
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    Hopefully a rights offering to existing holders. Considering the top 20 own 80%, should be relatively simple.

    Regarding jurisdictional risk, pros and cons of exploration in Africa I guess. Obvious cons being the governments, but pros being that it is fertile ground with very little exploration. True green-fields. Management live in Africa, so I would imagine they have their fingers on the pulse.

    Interesting that Richard Hornsey has worked on the Bend project (I assume for the current owners). He must rate it. Looks like AMM will use the same playbook as Libonga. Some technical drilling to confirm prospectivity, which will bring them to 50%, then decide if they want to go to 80%.
 
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