AML 0.00% 0.5¢ aeon metals limited.

Thanks ozblue, once again your ability to recognise and...

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  1. 322 Posts.
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    Thanks ozblue, once again your ability to recognise and summarise the key issues is truly impressive.

    This is unquestionably a world class Cu/Co/Zn resource which is being very slowly proven up.

    As you point out, the slowness of the assay results is "appalling" (eg 2 months+ for hole 304).

    However, what is even more appalling is that SH have now been "pressing management" as you suggest for years now to zero effect.

    In hindsight, there have only been lies, unmet promises and more lies. Clearly, imo, mgmt are keen to drag this out for as long as possible to stay in their jobs for as long as possible. What other reason could there be ? and again, as you say, this is holding the market back and capping momentum and interest in the stock...

    Also clearly, this mgmt practice is not in SH's best interests and after years now of trying to get mgmt to do the right thing and to meet their legal obligations to all SH, my group of SH now find it necessary to progress all options, (the regulators, the courts, a spill etc. - some of which btw are quite advanced ....).

    We are not about to let this magnificent resource (which is jointly owned by all AML SH) be compromised.

    However, if you have any thoughts on a better way forward we'd welcome them.

    I, nor any of the SH in our quite large group (who together post as Speccy), would suggest that anyone sell atm as we believe that the resource is only starting to be revealed but as always DYOR.

    Good luck to all and please put forward any suggestions for fixing the current mgmt problems.

    Not being willing to do any promotion (unlike other peer miners) is one thing, but appalling slowness and poorly written announcements are definitely beyond the pale!
 
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