AUN 10.0% 3.6¢ aurumin limited

Ann: Mt Palmer RC Drilling Assays Returned, page-9

  1. 255 Posts.
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    TL needs to promote his book. BB would have had an attractive offer. Why are these your main 2 reasons to invest here?

    Mt Palmer would (or should) have been an important factor when considering viability for AUN. "This drilling is in line with our strategy of testing remnant potential and working out from the existing mine. We are looking forward to the results for this high-potential project, " says MD. This is regarding Mt Palmer.

    Previous avg historic drilling at 15.9g/t au.
    • Out of 32 holes we got 2 intercepts >1g/t au.
    • 13 holes reported between 0.2g/t to 0.8g/t au.
    • 17 holes reported NSA.

    If these results haven't changed your long term picture, then what was your long term picture when you first invested?

    Also, these administration costs are 2.5x more than a lot of other microcap explorers at similar MC. That's not abnormally high for you?
 
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