This announcement says drilling will continue following receipt and interpretation of all assay results.
"Following the receipt and interpretation of all assay results, step-down and strike exploration drilling will continue, with RC/diamond drilling around 161 Lode and parallel surfaces, and possibly aircore or narrow-diameter RC drilling targeting auger geochemical anomalism (See ASX-AOP announcement 6th April 2018) and strike extensions at Bombora, Duke and Redskin."
The results are still showing there is meat in this sandwich and with any luck the parallel surfaces will reveal a club sandwich.
Also some assay results from sulphide zones and RC pre-collars are still pending. As always it's nice to see some high grade in the mix.
There has been some willingness to sell at around these levels but people holding decent tranches haven't yet easily let go in the low 20 cent range.
The test here IMO will be when their funding starts to run low. Hopefully they can raise at a good price and at the right time, not leaving it until the last minute. The current cash should see a lot more drilling from here IMO and hopefully a maiden resource estimate. Still no word regarding this though, which is a bit disappointing. Esh
AOP Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
