I have been following AYR and was interested to buy since I own shares in a neighbour. I am only interested in the Cobalt here: from todays's ASX release by the mgmt I read : out of 21 rock chip samples only 3 would reach the normal cut off grade of 500 ppm( 0.05%). best result was 0.11% and then 0.05 and 0.0495%. Everything else is way below. Rock chip samples are also not the best indicator but it is a first step. For me at this stage the results are not sufficient to justify buying into AYR.
AYR Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
