AON 0.00% 1.4¢ apollo minerals limited

Ann: Quarterly Cashflow Report-AON.AX, page-5

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  1. 2,489 Posts.
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    Yes, even company did not indicate specific date for action but it mentioned AON's 2 projects on 7 July 16 announcement.
    1. South Australian ICOG and gold project in Gawler Craton
    2. West Australian nickel project in Fraser Range province

    "............Apollo is actively seeking to discover massive Ni-Cu sulphide mineralization within an emerging world class, nickel province." (7 July 16)

    Mr Ian Middlemas is a Chairman of both AON and Apollo Group.
    Apollo Group or Mr Middlemas usually won't do initial exploration such as surveys or drillings, but usually do financing and development on underlying project.

    About company's 2 projects, I honestly do not know much about SA one but my instinct told me it is more likely focusing on FR rather SA project.

    Regards,
 
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