I know AM is for winding down but this explains a bit of the...

I know AM is for winding down but this explains a bit of the movement today...
Independent Expert validates potential world class IOCG and REE magmatic sulphide deposit at the Ausmex controlled Burra, SA.
Independent Expert Emeritus Professor Kenneth D Collerson has presented findings validating the significance of the AusLAMP Magnetotelluric (MT) anomaly identified by Geoscience Australia at Burra, SA. Key findings include:​

• Hydrothermal fluid compositions at Burra are similar to those for Olympic Dam and the Idaho Cobalt Belt in the USA.
• The AusLAMP conductivity domain identified below Burra is similar in scale and character to the large MT conductive anomaly below BHP’s Olympic Dam.
• As with Olympic Dam, the Burra Conductivity anomaly is interpreted to image the metal migration region involved in formation of the mineral system.
• Significant potential for economic concentrations of Cobalt and Platinum Group Elements.
• Potential for the Ausmex held Burra tenement suite to host another giant Jinchuan style ore deposit (>500 Mt @ 1.2% Ni, 0.7% Cu, 0.4g/t PGE) which is the largest single magmatic sulphide deposit in the World.

For the full ASX Market Release, please go to:
https://www.asx.com.au/asxpdf/20181004/pdf/43yym378vvfzc6.pdf

For the Independent Expert Report by Professor Ken Collerson, please go to: http://bit.ly/burra1018