AAM 1.82% 5.4¢ aumega metals ltd

re: ** excellent result/early days ** The key is measured and...

  1. 24,765 Posts.
    re: ** excellent result/early days ** The key is measured and indicated resources.

    There is currently only 30,770 ounces in the measured category and a further 104,670 ounces as indicated.

    Inferred ounces are just that. Inferred. They may or may not eventuate.

    Sure, I believe AAM will come up with much more gold in the measured and indicated category.

    But that is just guesswork on my part, and I guess confidence in what the company is doing.
 
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