Hot Curry, page-36

Sure. However, company value is a byproduct of the perceived shareholder value. The real question is whether it represents fair value or is undervalued by the market. Morningstar says it is undervalued (27 July at 5¢).

To answer your second question: Everything is strategic. Newcrest or Rio or any other mid to tier 1 company do not have to disclose any drill hole results assayed near Ausmex’s tenure because it is not material to them. Even though it would be useful for juniors to know the results in the interest of finding and unlocking state assets for the greater good. Recently, BHP were ‘kind enough’ to reveal their initial 2018 Oak Dam results for the ‘greater good’ — but only after Departmental pressure. The first results announced by them since 2001, and one of the best seen worldwide in recent times. The point is they didn't have to.

So, there is no level playing field for junior exploration companies. Therefore, you have to be especially strategic when you have limited resources to work with. It’s worth repeating that the multinationals (Newcrest, Rio Tinto, BHP, etc) began limiting their exposure to high-risk exploration activities ten - fifteen years ago. The consequences of redundancies sent those geologist employees out to become directors of junior companies, who then successfully secured highly prospective portfolios. Ausmex is one of those stocks. Is it not?