Excellent work ! A good run-up Metals Australia has leading into 2017. The year is still young, we are only in our ninth week since New Year. Looking at the near history on Ann timing, one could certainly feel within the next week, maybe two, we will see our next healthy dish of good news.
Screenshot from published article: 03 Jan 2017
http://www.*.com.au/companies/news/171070/metals-australia-attracts-investor-interest-171070.html
ASX Announcement
9 February 2017
Manindi Drilling Intercepts New Zinc Mineralised Zone
As a result of this improved geological interpretation, the Company is planning a follow-up drilling campaign at Manindi, with a particular focus on the newly identified resource extension targets within the felsic rocks at Kultarr...
...If successful, the results of this second-stage drill campaign focused at Kultarr will have the potential to increase the tonnage and grade of the existing JORC Resource
...The Company is pleased with the results of these three wildcat holes and further detailed information on this drilling will be released when assays are received.
Source: http://clients.weblink.com.au/news/pdf2/01826798.pdf
ASX Announcement
27 February 2017
Strong EM Conductors Confirm New Geological Interpretation at Manindi
Summary
The Company is extremely pleased with the results of the drilling at Kultarr and the discovery of Conductors C1 and C2.
The Company believes that the existing resource base at Manindi (being 1,075,859 tonnes at 6.52% Zinc grade at 2% Zn cut off) should be able to be substantially increased in tonnage by further drilling.
Previous detailed metallurgical test work carried out by the Company has demonstrated that Manindi ore is easily treated by conventional crush/grind and flotation to achieve excellent recovery to produce a saleable concentrate.
Source: http://clients.weblink.com.au/news/pdf2/01833090.pdf
And that is why in my opinion, I think the SP today is undervalued, and a great opportunity (for me) to accumulate.
GLTAH
Chev.
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