Speeding ticket?, page-42

As Taimoor said - our first downramper!

It's easy to get lost in the detail particularly when AML's anns are often not written for clarity or ease of understanding (as many posters have discussed most probably with a view of trying to keep a lid on this for as long as possible). Why are we paying a PR company and then not letting them do their job?

Largely this "dampen" strategy has worked. Taking HC as a case in point; AML is now up to 7,000 monthly visits but this pales in comparison to, say, AUZ with 62,000 monthly visits!

Broadbrush, we're on track to proving up a resource worth about $50Billion in ground with an average CuEq of around 3% in a closely defined fault bound area (i.e. back in the day the deposit was moulten and ran along the Fish River Fault which acted as a plumbing system).

To put this in perspective, this is multiples of Sandfire's deposit (possibly as much as 4 to 8 times as big) and at only slightly lower grades.

Yes we have mgmt issues. Yes their main motivation seems to be to hang on by the fingernails for as long as possible but this resource is just magnificent and far bigger than they are.

As written about before, a real test will be the metallurgy given that the mgmts of other key Australian peers have managed to get Cobalt recovery rates of 90% (both sulphide and laterite deposits).

They have slowed things down in the past but do appear to be gathering pace atm (although the delivery of assay results is unjustifiably slow especially when they are supposed to be cutting core on site now instead of shipping back to Mt Isa to cut as previously).

It would seem however, that results are imminent (and possibly have been leaked judging by recent SP activity).

A likely scenario is: drilling complete this year, then BFS, then takeover....!

GLTA