Ann: High Grade Continues 5.7km West of Resource, page-11

Hi Speccy

Really hard to see anyone making a bid for the company except OCP, unless it is at really crazy prices. Imagine trying to get anyone elected to the board if OCP vote against the nomination (junior companies rarely get even 50% of s/holders voting). OCP effectively control the company now, and the warrants just add to the controlling position (without having to make a bid). So, as you suggest, join the dots... it must be in OCP's interest to see AML continue to fly under the radar, with no promotion by the board. Why would OCP spend $$ to add to their position in  the company, especially if prices were higher. The recent substantial s'holder notice did not point to any selling, just buying, which I reckon is unusual.

Interesting that this drilling program (apparently about 34,000m) cost about $8 million. The assaying cost?

Eastwest101 (above) has numbers broadly inline with my back of the envelope, so we are sitting on billions of dollars of resources.