Lamil is a tough one. The ultrafine fraction is the state of the art soil method developed by CSIRO, but the question needs to be asked - does it actually work even if the theory says it should? The two diamond holes thus far and AC and RC have showed that, broadly, yes...the UFF soils are helping find the bedrock mineralisation but are useless at discriminating the regional alteration from the ore bodies. AIC has done a hell of a lot of drilling for virtually no results. Early days.
Copper Hills looks interesting, but the approach of whacking some holes in and doing EM at the same time is a little horse before cart. If the interpretation is a VMS system, then surely the EM should be finished and interpreted well before the drilling. Smacks of desperation to dolly up some good hits ASAP to support the share price and keep the punters at bay. Either way, it's their circus, it's their clowns, they can do what they want.
DeGrussa North looks wildly speculative and I wouldn't rate it. Plenty of punters have tried similar attempts to get DeGrussa North nearology off the ground, to no avail. It's granite, people should just admit it, and move on.
Otherwise, I dunno. AIC is one of those slow burn stories where they do the hard yards for a long time, with no flashy results, build up the picture, and then maybe strike it rich. The second half of 2021 is, I feel in my waters, where things revert back to normal and the market stops paying up on nearology as stiffly as it has.
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Mkt cap ! $189.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5882 | 34.0¢ |
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Price($) | Vol. | No. |
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30.5¢ | 43998 | 2 |
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No. | Vol. | Price($) |
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1 | 5882 | 0.340 |
2 | 1755 | 0.330 |
4 | 115500 | 0.325 |
9 | 341903 | 0.320 |
2 | 103300 | 0.315 |
Price($) | Vol. | No. |
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0.305 | 39000 | 1 |
0.310 | 45300 | 3 |
0.315 | 25327 | 2 |
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0.330 | 3033 | 1 |
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