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Ann: Quarterly Activities Report and Appendix 5B, page-3

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capturer@6000

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31/01/22

12:25

Post #: 59240429
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Originally posted by Gravscan: ↑

"The Company signed a service agreement with Wireline Services Group to assist with planning and execution of the proposed ground-based EM survey of the Mount McPherson area of interest The Company intends to mobilise a drill rig and crew as soon as practicable pending receipt and interpretation of the geophysical data generated from this program which is now expected to be completed in Q2 2022."

Have Wireline Services Group inputs begun? Has the EM survey started? Has a drill rig been lined up?

This announcement does not seem to inexpert me to report any progress whatever on Mt McPherson during the December 2021 quarter.

The service agreement signing, and the preparation of the programme of works, were AFAIK reported among activities that were apparently completed at some time prior to 31 March 2021.

Are they just doing the minimum necessary to hold the tenements while waiting for a joint venture offer? If so, why stuff up the perceived Throssel Range tenement prospectivity and then apparently just walk away?

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All smoke and mirrors hence I sold a while back, same old story every quarterly ..

AVW Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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