mumbwa jv but bhp can claw back, page-10

Not sure BHP are in the business of buying back what they offloaded Tp4.

I see there being 3 possible outcomes:

Best Case Scenario:

1) AIM gets Mumbwa JORC compliant (or there abouts), and BHP Claw back. BHP aren't after small fry, hence if this happens I can only assume findings will be massive. Yes AIM spends a total of $2.25 Mil but 20% of a fully funded large scale operation suggests it would still be big biccies. There is always potential for further negotions to then exist on this 20% stake, but the options here are boundless and not worthy of contemplating this early in the game. After all, it is still only 1 drill hole.

Mediocre Case Scenario:

2) AIM gets Mumbwa JORC compliant (or there abouts) and BHP declines offer. IMO this may still occur if findings are economic but not within scope of BHP's strategy. Is also comensurate on size of compliance. If mineralisation is small and concetrated the AIM with (touch wood) operational and project experience in Perkoa. If minerelisation is larger, AIM I would imagine would need to find another suitor.

Worst Case Scenario:

3) Stage 3 is abandoned due to poor subsequent drills in Stage 2. For both my bank balance and sanitys sake lets hope it doesn't come to this.

Cheers

Wilf