The assay results are again extremely good. Drill testing has so far proven up about 12kms of resource, already making it world class and one of the best Cobalt/Copper finds in the world in the last 10 years or so!
A rough estimate is around A$15Billion of contained Cobalt and Copper PLUS there is considerable confidence that the resource extends for another 10kms or so.
In our opinion, the SP should definitely be in the $$$s but for the nefarious games being played by AML mgmt and OCP.
There is now direct evidence that the Board and OCP have a very close relationship and are working together, which, we would argue, is against the best interests of all other shareholders and is seemingly against the law?
To your point Marfis, this probably explains why the Board have defiantly refused to do any normal promotion of this amazing resource which helps keep AML under the radar and suppresses the SP.
Again the evidence proves that OCP have regularly been buying and seem keen to reach +50% majority control quickly.
The argument then goes that it would be against OCP's wishes for the SP to increase rapidly now, so....(join the dots).
However, Walford Creek is a magnificent resource and if we can sort out the obvious issues with the Board, then the SP should be multiples of where it is now (and my group will throw a massive party!).
We're voting NO to remuneration and NO to the re-election of Board Chairman, Paul Harris and would also encourage you and friends to write to ASIC and ASX to voice your displeasure at what is going on.....
(20min delay)
