letsbefrank I think you'll find that JW's contribution to resources was minimal and very arms length. Going back through the records I have seen RSG, Tony Ryall, Micromine, Ravensgate, Finore and others have all contributed. These include some of the most highly respected in the industry including a member of the JORC committee. It is my view that the AAM board hired this latest relatively unknown geologist who has a significant grudge against the former MD to run the resources down as much as possible to take the value off the table for the time being. Why didnt they publish the latest report on the Alpha resource? Because this report only confirmed the former estimates. Not the answer they wanted. The AAM board are trying to use the former MD as a scapegoat for everything and are in total denial about their own incompetence. Something we shareholders are paying heavily for.
AAM Price at posting:
3.4¢ Sentiment: None Disclosure: Held
