I have just done some reserch on their previous drilling. The old results are no where close to this grades. It appears like now they found some prospective ground to explore further. I beleivethat the future drilling at warmblood will add considerable increase inthe resource base. Until now i was bit uncertain about this company, but after gone through their details M/C of 6 million got lot of room to improve. Also they have about 1.5 Mil cash at the end of march so i dont think there will be any cap raising for atleast next two quarters.
GL to holders.
AYR Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held
