Its about time they release something they have been working on, good that they say they commenced at FR, but what are they doing about cash flow? Are they relying on the 150K grant for drilling? Is as eluded to HPX taking part? Where are the funds coming from? IF all they have is $150k then I see just 2 holes which is far too short for real exploration to JORC conditions.
I expected some sort of CR was imminent given our position, unless they are JV with someone.....maybe they have a generous tooth fairy?
We should get something this week I would say.
There is also some hope from Africa, why spend $3M for exploration without belief.......and for 50%
C'mon AON time for procrastination is over, focus and hard work is needed to proof their beliefs. (And Ours)
The only thing is NO volume and NO real dump from holders, even through the market dip, very low volume.
Onwards and Upwards
AON Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
