The project was always part of the Coolgardie gold project since at least the 1990's, held by whoever owned Three Mile Hill. In recent times that's been Focus Minerals. They've never been interested in the nickel, or at least not since they did that drilling when nickel prices were at record highs around 2008. FML gave Nepean away to a bunch of plainters, which means basically they paid some scumbags to leave them alone by giving them a nickel project, which they're now on-selling to AOU. This simply reflects the fact that FML management are stupid, and the plainters are clever - but still scumbags.
From the shallow depths of those intersections along strike they may be oxide, which is irrelevant to the Nepean story.
The big prize is at depth. If they find nickel underneath the bottom pegmatite dyke, they're on a winner.
AOU Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
