Ann: Company Update, page-10

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slipperymack

1,629 Posts.

210

05/10/20

18:28

Post #: 47863508
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Originally posted by JandJ: ↑

Yes, it looks nice - but what's changed here since I left rubbing my bum having copped a hiding?

Resource upgrade was promised Q3, now 5 days late. Just like the old bunch which was always late.

The Trump drilling restart looks like a Hail Mary deal to me. A scissor hole across that director hole is needed to give the thing any confidence at all - seems nobody had the balls to run it before - but if it returns a decent intercept then a full drill out is needed, and that is not within cash constraints until mining starts. The old bunch was always clutching at straws too.

Lovely new pretty pictures at Burra - sure everyone knows there is something good there, but so far it has just been a money pit.

Me? - I have changed my sentiment to buy - will look again when the current weakness in the chart or the pathetic low daily volume picks up.
What I mean is 'Hail Mary' 'Lets unwrap the mummy and see if it walks again'

DYOR - I never let history stand in the way of making money.

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I also don't know why they didn't continue at Little Duke. They were always going after the IOCG and when they worked out which way to drill, weren't they better off going with the tonnages. Or was there something about it I am unaware of?
They had the cash cow surface gold at Mt Freda, Little Duke going south could have been the knockout?

AMG Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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