Yes, thanks Ozblue and others, I stuffed up a few points in my haste. But at the time I was reading posts which commented about how incompetent AML's reporting skills were. The point I was making was - I don't care so much about their communication skills as long as they are giving us continuous disclosure (better than some other companies in which I have shares) and their geologists are on the ball. The fact is the geologists at AML started to sort out this great deposit in late 2017. (The geologits in other companies had their chances for decades before that). I was an AML shareholder before they made their discovery of the type of mineralisation - so I am very thankful they got it right. Upon the first announcements by AML in 2017, the share price went nowhere (even backwards I think). Now we can see the potential, even though the share price still doesn't reflect the discovery-value yet. In time it will, and we will benefit. I haven't gone back to the reports to find the quotes, but from memory, they have likened the minerals in the new drilling to the earlier assessment of Varley and Marley (I think I've got those names a bit wrong as well). So the percentages of copper, zinc, silver, cobalt may be consistent. These announcements, as rough as they may be, indicate that the length of the mineralisation (presently several kms but could be 30+ kms) and its thickness (averaging 20-30 metres) and metal composition are being proven by the drilling that is underway. (Can't recall the width of the mineralistion of PY3, but will check it out later). Also, the deposit is close enough to the surface for open pit mining (stated in the Appendix). Yes, I am over the moon about AML.
AML Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
