AAM 6.67% 4.8¢ aumega metals ltd

OK I've stopped laughing now.Lets dissect your post"Shareholders...

  1. 4,618 Posts.
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    OK I've stopped laughing now.

    Lets dissect your post


    "Shareholders would have screamed if JW spent funds on the Narnoo tenemnts ..........."

    Ummmm NO. Result of poor planning. Bankable Feasibility Statement anyone!


    "at the time of the production start-up blow-outs during Bill Hobbas plant construction reign.".......

    Bill Hobba was not putting the plant together ..... A Kalgoolie based engineering firm was responsible at that time

    "In my view JW did an outstanding job under the circumstances" .......

    No comment

    "to get $400,000 cash".........

    to pay unjustifiably high wages

    "a 2% gross royalty which is totally free carried" ..........

    that we may NEVER see

    "and priority in the SGQ float for AAM shareholders." ........

    I've already been fleeced by prior A1 capital raisings and massive equity devaluation

    "Nevertheless I would think that Narnoo was a highly reluctant sale for JW because I remember how passionate he was about the ground."

    And yet he sold it .......

    "Lets see how BHP go on this. These deals can take many years to bear any fruit."

    Oh dear. What a comparison. A1 was once touted as being the next SLR. Now it is being compared to BHP ......

    ROLF

    GC
 
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