Short Term Trading Week Starting: 10 Oct, page-508

STTCOMP AON, FA Long

Resource Shell

Nickel and Iron ore tenements too.

Shares ~ 125m
M.C at 0.120 ~ $15m
Cash ~ $5m
E.V ~ $10m
Top 20 ~ 55%


Apollo minerals is a cashed up resource shell on the prowl, that also has ground in the Fraser Range, W.A. as well as a prospective Iron Ore site in **on that is being explored by their J.V.P.

The typical revival of an old mining dog with the consolidation and cap raise earlier in the year. Only one director remains in Richard *. Ian Middlemas has become chairman and he has got the old band back to together to form a very suspicious Top 20. Some from the BKY family include Robert Behets, Paul Atherley, Clinton McGhie and Mathew Syme. And also Mark Pearce from SVM, WCP & EQX.

Also of note Fraser Range Metals (FRN) director, Glenn Whiddon has quite a nice position too.
What does it all mean? Dunno. But willing to be in it to find out.
Robert Behets announced as director yesterday after big volume Friday. Good enough reason to tip now I thought.

Thanks @Anton Chigurh for the tip to dig a little deeper.


@syzygy   I see Mark Pearce has left SYT to come to AON where the real price action will kick off    (jk)