re: the drilling programme looking ahead
Blokes we obviously think AEX is undervalued. Its this 'inferred' mantle that hangs over the sentiment of the company here.
Your call of 15 cents 'after drill results' ...is it dreaming as you put it?
As long as you dont expect it to go straight there no you are not dreaming. In fact thats my 'conservative' target mid 2007.
Uranium is now heading towards $60 a pound and if you have a loo at some of the other Uranium plays they are starting to gain momentum again. PDN has again pushed through $5. AGS is on the brink of testing $1...again.
Its hard to rate AEX on whether they can sell it to market....they havent sold anything yet.....theyve got nothing to sell.
We will see how good these guys are when we have the current drill results. We will also get a very good idea how seriously 'the market' takes these results...and we may well see a few 'fence sitters' flushed out ready to jump on board for a seemingly lower risk ride towards a mining operation.
The 'experts' or 'big boys' or whoever you want to call them would be very aware of AEX. They are watching. but maybe AEX needs to do a fair bit of work before a few step up to the plate and put their money on the line.
We have nothing yet except 'potential' and 'promise'....we have a dream that theres something tangible and economic down there at DD.....and at this stage its only a dream folks...
...im guessing though that it may well turn out to be a wet one if these results reflect inferred numbers :)
Its been about 6 weeks since the 20 holes were finished. The cross checking is obviously holding things up. We have seen a change in sentiment though and its looking like it wants to shoot through recent highs to me.
We will soon find out.
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
