AAM 4.44% 4.7¢ aumega metals ltd

what are we waiting for?, page-10

  1. 4,618 Posts.
    lightbulb Created with Sketch. 31
    Ha, it hasn't happened yet (at least we are not aware of it happening yet).

    It was supposed to be before christmas. For reasons outside AAMs control it has been delayed.

    1. Contractors in short supply
    2. dangerous goods license

    In the meantime, cash burn has been experienced. Rather than go to the market and get more cash, JW has exercised options and flooded company with much need cash reserves.

    Now we are effectively 1.5 months overdue. Late December and January are notoriously slow months so this is not surprising. But they should be full swing now.

    So barring any further delays, first pour must be imminent.

    Laverton suggested 12 February. Hmmm how much does this guy know??? Some say alot. HE has a good track record todate.

    Cheers

    GC
 
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