Ann: Vardy Resource Drill Assays, page-9

After the previous bout, I decided I wasn't going to post again on AML. But, some more down-ramping against AML, so what the heck. What is the fuss about? Really? The second paragraph of the AML announcement states the purpose of the drilling, and it's copied below. The third paragraph says there were "Significant Intercepts", but doesn't over-state. So it is a truthful announcement which is saying that these results will help AML determine the size and grade of the Vardy ore body. These results will help prepare the case for development (i.e., mining) and isn't that what we are wanting AML to do? Let's step back and look at what has been achieved in the last 12 months or so. The people at AML have:
a) found the resource for us (after many before them had missed it),
b) raised enough capital to do the work program,
c) almost defined the Vardy-Marley part of the resource (so that they can get mining underway there),
d) tested the ore for extraction (and this is ongoing),
e) have enough drill rigs on site to explore the entire length of the Fish River Fault (over 20 kms), and
f) got a grant from QLD Govt and completed seismic testing to determine the extent of the faults which define the basin-wide resource.
There is probably be more, but I'll leave it at that. I'm not trying to pick a fight, but clever white-anting is not helping AML. I'll add that I do NOT have any connection with AML, except for the fact I hold shares. I don't know anything about the people in AML, I am just a punter.

Quote from announcement: "The focus of the Resource drilling is to upgrade the current JORC Resource to an Indicated status which will facilitate the development of the Walford Creek Project. The holes being reported include both infill holes between previous sections and a number of “close off” holes. The close off holes are holes drilled further south from the Fish River Fault and are necessary to complete Resource wireframing enabling more definitive interpretation of Resource block sizes."