AON 7.14% 1.5¢ apollo minerals limited

Ann: Significant Drill Target Identified for Nickel Fraser Range,ENT-AON.AX, page-22

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  1. 2,998 Posts.
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    My back ground comes from 50 years reading reports and watching the market movements from a engineering surveying position , so can access assays and tonnages easily from drilling .

    As with most finds many holes precede discoveries , persistence and often intuitive action are the hall marks ,ie SFR and SIR both drilled and drilled for some time before discovery .
    My interest in ENT came from an intuitive impulse when they first drilled there ,and was fortunate to be watching the screen when they spiked and left with a great result .. I recognised the emotional content then.
    My intuition was and still is for the Heart/Oceanus area further north so will hold until drilling is done there . the latest targets show promise and are a bonus for me ..
    I bought back into ENT after the JV happened in the hope of drilling in my area of interest , thankfully took advantage of a recent spike in ENT and I am Free carried there .
    the recent work done by AON has caused me to start building up a holding , and at these prices and tight share numbers are good for movement . And will wait at least 12 months to give them a good go ..
    An early hit will certainly lift the SP.
    many holders have been burnt here pre consolidation , not nice .
    I hope the management has become wiser and make better choices .
    This is a good area still and we my get a lift If WIN 's latest comes good ??!!
    As always only invest in explorers with what you are prepared to take a hit on , otherwise but Blue chip dividend paying shares.

    Cheers
 
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