FBM 6.67% 2.8¢ future battery minerals limited

Ann: NEPEAN NICKEL PROJECT DRILLING UPDATE, page-32

  1. 1,071 Posts.
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    read the thread, I am more excited about the Nepean deeps drilling than most, and that's why i bought in.

    The fact is that the EM conductor to the south didn't pan out and I am sure AOU will do the technical work to explain this and or reframe the target there. Some in here wanted to keep pushing it and talk it up but that is nonsense. They clearly didn't hit sulfides at this target (see DRE for an announcement where sulfides intersected in RC cuttings).

    Sentiment flat for AOU yesterday is a good thing....the company put out a null result on the 3 RC holes and didn't get punished. That is how it should work. While a discovery at the southern EM target would have been a game-changer and had positive impact on the share price, non-discovery does not materially affect the value of the company.
 
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