Morning All, My 2c, AOA should have a flurry of news over the...

Morning All,


My 2c, AOA should have a flurry of news over the next 2 - 4 weeks.

AOA is a very cheap junior wuth 710m SOI, 50% Held by the top 20 @1.2c = $9m MC fully diluted.

the next lot of news I expect is:

1. Update of Soil Samples @ EL 8747 Porcupine Prospect
2. Drilling results @el 8745 Eaglehawk
3. Further news @ EL 8954 Brungle Creek possible outlining of phase 2
4. News on what will be completed @ EL 6242 McAlpine


Some left field news which could come:

1. CR, which I hope is done after a flurry of news and at 3c + / $23m MC
2. News regarding our neighbours which push us up
3. Further acquisitions (although this wont happen until after a CR)


I am trying to be realistic and other juniors in early stages of drilling and awaiting drilling results have been around $25m - $40m MC, so I think realistically with even a small amount of news we could be at 3c / $23m MC and with good results especially in cobalt we could see 5c -7c / $35m - $50m MC

We are not a 1 stop shop and currently have 4 project at the ready and exploring in hot commodities with a team that seem eager to push ahead.

All of the above is based purely on FA, and I know the charts might say different but charts go out the window when news comes, good or bad.

And although it vomes with risk, I belive some has been mitigated due to knowing historical results from Anaconda and BHP days.

Happy for thoughts and disagreements