AOP 3.13% 33.0¢ apollo consolidated limited

Ann: Significant New Gold Anomaly Cote d'Ivoire, page-3

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  1. 11,185 Posts.
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    What's a soil anomaly worth?

    Probably more than the market is ascribing considering

    1) it's potentially on a splay fault that links RandGold's 4.3Moz Tongon Gold Mine and
    2) the area has just recently been described by Randgold's Mark Bristow as a "go to greenfield exploration destination" and "a world-class destination which we believe it is."

    Not many in the market following what's happen in Cote D'Ivoire at the moment. RandGold, Endeavour , Newcrest, Perseus are all sniffing around. It's one of the last frontiers in West Africa. AOP is one of only a few junior early movers who have recognised the raw potential.

    Soil anomalies can turn into mines and AOP have a few to explore, plus they have the in country operating experience and money to do the early stage drilling.Esh
 
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