ann: abu&igo sign exploration agreement lake, page-33

Wilto

Another good post from yourself!

I agree with you that having a medium/large company like IGO in a JV with ABU, adds to ABU's credibility and will encourage larger investors and stock brokers to have more faith in ABU, and purchase shares or make recommendations to purchase shares.

This sort of occurrence is very common in the market. A small company taking on a a well respected, much larger partner, gives the market more confidence in the smaller company, even if it is a side issue, to ABU's main Gold play, in Old Pirate.

In the oil/gas industry, a junior has some great drill results, but when Santos, AGL or other big oil/gas companies come on board, it changes the whole outlook for that company. Central Petroleum is a classic example of this.

So the good news continues to roll out for ABU, but when that transpires into a much higher share price is still anybody's guess.

Patiently we wait in expectation!

Go ABU!


(And for me, often in my woman-proof man's shed!)