AAJ 13.3% 1.3¢ aruma resources limited

Ann: Drilling Continues to Expand System at Slate Dam, page-32

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  1. 31,884 Posts.
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    Yes I already stated that last CR was at 2c. At current share price raising the same amount will require at least 3 times the number of shares. I'm not fussed about the low grades, this was always a low grade play, it's more about the consistency of the grade and atm it looks pretty good to me. But there's still a lot of drilling required and in today's climate spec investors just aren't prepared to wait it out.
 
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