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Reality check-AIM will go through considerable dilution getting...

  1. 5,867 Posts.
    Reality check-AIM will go through considerable dilution getting the deposit through scoping/prefeasability/feasability studies-try 200 diamond holes , plus interpretation plus plus plus. A snap to fing roughly $10 million?
    What about Anglovaal-they have 20 odd per cent of the project but declined to follow up after their initial few holes. They are a regional platinum producer-doesn't this suggest something?(It is not even in their Annual Report as an asset!-doesn't this suggest something?)
    Don't you start to get curious when a management team that has no experience in platinum/Sth Africa is offered such a beaut project at such a low price when there should have been experienced locals who would pay up if the project is so good.
    It just does not smell right.
    Then there is still the question of the nature of the orebody itself.
    Cheers, TAS
 
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