AAM 0.00% 4.5¢ aumega metals ltd

kermit,i here your frustration mate!I would do these sorts of...

  1. 1,289 Posts.
    kermit,

    i here your frustration mate!

    I would do these sorts of calcs even if A1 was reporting them (coz i'm a geek) but it is frustrating to be forced to assume and also use DFS figures from 3yrs ago! craziness

    anyway, the point here is A1 can be a cashcow if they get it together, but the flipside is they could be just another name added to the 'almost got there' list of wannabee gold producers.

    I sincerely hope they make it.

    on another note - given A1 has stated a few times that they are mining the 300,000t's p.a. expected, why only 1,600ozs for a month? what is the reason for the discrepancy? Simplistically, I think it is either grade or recovery - and recovery is ok... must be grade.

    If this supergene area isnt much chop then it's back to Paterson's IMO.
 
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