Highlight for me from the AGM was the comment that at Tritton there is no longer a budgetary constraint on exploration. This means they are able to a lot more grass roots exploration. The surprise for me as a non geo was that the first exploration hole is currently underway at Anomaly K. This is in preference to drilling at the high grade Avoca Tank which will follow early 2021 and extension drilling at Murrawombie which will follow that.
The only conclusion I can draw from this is that they are very hopeful about Anomily K. We will not have to wait long for this as drilling started a week ago and results are due in 2 weeks according to Andre. Sounds a bit soon but who knows.
Also, Roses Pride updated Mineral Resource due in Dec 20.
With a bit of luck we could see a rerating by the end of Dec 20 if the above results are good.
Ann: AGM PRESENTATION, page-29
Add AIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $203.1M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $743.5K | 3.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 799763 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 380563 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AIS (ASX) Chart |