AHN 0.00% 0.4¢ athena resources limited

Adroit Presentation & Info, page-10

  1. 97 Posts.
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    No offense taken AMB.
    I'm more bullish than ever.
    Fundamentals haven't changed.
    If you think that the share price reflects AHN position with PFS soon to come out why are you here?
    I know you're here because you want to make bucks like the rest of us.
    With that in mind where do you think the share price will be at with a NPV in the 100s of Millions?
    If you're telling us you're not buying now you're BSing us.
    You know that whatever happens with directors the PFS will come out so it's win win.
    Truth is that the only reason you and your Adroit mates are here is you want control.
    But why would AHN long term holders hand over control to a bunch of cowboys with a bad rep in WA?
    No one posting negative things about directors on here have any idea how much money and time it takes to get a resource to mining. The process is long and slow.
    Take for instance Adroits claim to add to resource.
    They have absolutely no idea how long the process is to move a resource through different JORC levels.
    None.
    Resounces go in order:
    Exploration Phase
    Infered
    Indicated
    Measured

    Mine Development
    From indicated to Probable
    From Measured to Proven

    Every step is expensive and time consuming taking years.

    Adroits claims are laughable and it's easy to show from their presentation they know nothing about what it will take to get the Mag Ore out of the group.
    They're here to make a quick buck on the Hem Ore and anything more than that they way out of their depth for the above reasons.
 
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