I see the Rio joint venture announcement was released 19 June 18, and states rio must spend minimun $133000 within 12 months. If they havnt opened the wallet already that we dont know about its only 3 months left for them to make a move.
With regard to the new resource estimates for 'Warmblood' & 'Dusk til dawn' being done by Trepanier pty ltd, dont know much about them or how much they will charge AYR for their work but they seem pretty well qualified and have done work with AVL & PLS in the past i see.
They operate out of Perth which is good. Warmblood has been atound since 2011 ? and dusk til dawn since 2014? so movement at the station must come soon surely.
AYR Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held