Tell me how this works, Round Oak minerals is a subsidiary of WH Soul Pattison. Soul Patts and Newcrest have a JV called the EXCO JV which is drilling on the boundary of Ausmex mining Leases. So far only rumours of a major discovery as Newcrest have not released results even after drilling since August 2018. Soul Patts also in JV with Ausmex with Aumex at 80%. So Soul Patts sees both lots of results. If they take sides this will be bad for the other. This is a major conflict of interest. I see Ausmex in a trading pause today then a trading halt. A pause means it’s not Ausmex calling the stop in trading, but the ASX. So obviously a bit of conflict. I can’t see how a company like Souls can have access to both lots of inside info. What you all think.
AMG Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held