AAM 4.76% 4.4¢ aumega metals ltd

first gold pour, page-23

  1. 42 Posts.
    The fact is JW stated in ASX Ann on 23/12 "... to target a gold pour early in January".

    Sure, a target is non-binding - its simply a goal, an aim, a plan, call it what you will.

    However, as its no longer "early in January" (using prior to the mid-point as early), the company has missed a stated target and imo this should be commented on in a further release. If nothing else, purely as a professional curtesy to the readers of the previous announcement. He chose the wording, he could have simply put "January" or "first quarter" if this was more appropriate.

    The fact that in the fullness of time these delays wont matter is not the point, its a matter of respect to the market place imo. The market should not need to be speculating on shut downs and licences etc, it should simply be informed.
 
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