Gday augusta321,A couple things stick in my mind on the recent...

Gday augusta321,

A couple things stick in my mind on the recent announcement.

Firstly the management team have delivered on what they have promised which is new concessions, still to see if they go ahead and sell the smelting. This will surely be answered in the upcoming quarterly report.

2/ Additional inward cashflow of $2m coming in August which IMO further secures their future. Throw in another $1m net profit for the last quarter ( fingers crossed ) plus their additional cash on hand and you have a very small company with plenty of cash to commence a solid exploration program.

3/ The placement of 200m shares @ 1 cent whilst you have the market valuing the stock @ 0.006 cents. IMO this should go straight through 1 cent shortly.

4/ How good are the concessions ?...well the placement is @ 1 cent and not at say 0.005 cents. Time will tell, we need more details on this to comment.

Fully agree with you augusta321 on what we hope to see going forward, a real plus will be a detailed announcement in the quarterly report.

Anyway, I am sure a few people with concerns over AAF's future will be sleeping better now, ...if they are still holding of course.

Cheers
R