Looks like another ASX forced ann amendment today? However, the...

Looks like another ASX forced ann amendment today? However, the Resource Diagram (figure 12) in the original ann is interesting, showing mineralisation traps along the 6km stretch designated as Amy (and west of the well defined 4km long Vardy/Marley resource). Unfortunately though it too seems to have been poorly done, and, in our view might considerably understate the potential size of these mineralisation traps.

The Ann highlights "significant results" in the following 6 holes: 456, 459, 466, 468 and 469.

Have a look at Figure 12. You'll see that 468 and 469 are included in a shaded mineralisation estimate. However, 456, 459 and 466, despite really good assays designated as "significant" in the ann have no associated potential mineralisation shaded in figure 12;(456[email protected]%Cu and 0.04% Co; 459[email protected]%Cu, 0.16%Co; 466[email protected]%Cu, 0.11%Co).




By our rough calculations 466 is a further 65m away from the shaded probable mineralisation; 459 is 130m away and 456 is also another 130m away. These are not insignificant intervals and shareholders can once again question what management is up to?

The other tiny snippet of information relates to figure 10 which shows 2019 drilling of 4 holes in Hedley West (approx 8-10kms further West of Marley). However, there is no other information provided?

Finally, we spoke out 3 weeks ago about no one bothering to upload David Coates' excellent broker research updates on to the "Broker Research" section of the Aeon Metals website.

The updates which all shareholders need to see were written on June 24 and Aug 15 and still today have not been uploaded. In fact the most recent update on the website is from March 2019!

Readers can draw their own conclusions?

Imagine what decent management would do with this amazing resource?