AAM aumega metals ltd
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hmmm maybe slamma...the staggering thing about this resource...

  1. splitupalip
    1,289 Posts.
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    06/04/11
    10:28
    Post #: 8220465
    hmmm maybe slamma...

    the staggering thing about this resource 'adjustment' is the grade. JW had the inferred at 3.8g/t at delta - Walker has it at 1.41g/t

    How does that happen?

    is Delta economic at 1.4g/t without a massive drilling campaign? and if not, who the hell pays for the drilling?

    IMO, all indicators are pointing to a JV or sale of Delta. A1 cannot do it alone, and least not under this capital structure.

    Lets just hope Alpha is humming.

    cheers
    Split
    AAM Price at posting: 5.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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