AIM 2.22% 44.0¢ ai-media technologies limited

8 years to develop a mine is about right. But that is 8 years...

  1. 141 Posts.
    8 years to develop a mine is about right. But that is 8 years from initial discovery to the start up of mining. that is very different from the Perkoa situation where the deposit was found many years ago by Bolieden and they drilled it out. AIM has the advantage of all that previous work and feasibility studies so they should be able to bring on Perkoa in much less than 8 years. My main problem with the AIM management is that they make promises and then don't live up to them, especially in terms of timeframe and that hurts al us shareholdes. With the advantage of all the previous work they should be able to fast track Perkoa.
 
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