This was my post from a while back.
This has probably been discussed on their thread but I went through the announcements for AMN and found something strange. I briefly outline the announcements below:
16/08/16 Drilling commenced to convert 4.3mt indicated to measured and 19.1mt inferred to indicated
4/10/16 Drilling complete. Updated resource Q4 2016
13/01/17 Updated resource expected Q1 2017
04/04/17 No mention in announcement about updated resource. Its disappeared.
26/07/17 Expanded tenements but no mention of drilling yet (this could expand the resource 20%)
So what went wrong with AMN's drilling program? They failed to convert the 19.1mt inferred resource to indicated and the 4.3mt indicated to measured.
That means they are doing a feasibility study on a 4.3mt deposit! Hardly earth shattering!
Maybe RWD had a very good reason to abandon Lake Mackay?
- Forums
- ASX - By Stock
- Drill results being swept under the rug?
This was my post from a while back. This has probably been...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMN (ASX) to my watchlist
|
|||||
Last
24.0¢ |
Change
-0.008(3.03%) |
Mkt cap ! $83.46M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 24.0¢ | $1K | 4.166K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 96595 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 96595 | 0.235 |
3 | 41565 | 0.230 |
2 | 43000 | 0.225 |
2 | 40000 | 0.220 |
5 | 128604 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 1 | 1 |
0.260 | 29386 | 1 |
0.265 | 5000 | 1 |
0.270 | 23000 | 2 |
0.280 | 100000 | 1 |
Last trade - 10.00am 12/07/2024 (20 minute delay) ? |
Featured News
AMN (ASX) Chart |