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Mgmt sinking SP very disappointing, page-3

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Barolobill

7,325 Posts.

120

11/01/18

20:04

Post #: 30238055
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Originally posted by prawn_man ↑

Speccy you always make good points. But we can't be too hard on the management. They may not be flash promoters, but last year they certainly did their homework. During the year their analysis revealed the structure at Walford. Prior to that the drilling by them and others, kept missing the mark. They must have worked hard at understanding Walford, predicting the location of new resource and carrying out drilling which confirmed their ideas. Can't criticise that. A lesser team may have completely missed PY3 the extent of the resource. Yes, along the way, they have not been good at promotion and capital raising. ( Six months ago there was several days between AML posts on HC, now there are several posters per day. I think the message is trickling out now.)

Thankfully the team at AML are either very very lucky, or they are just very very good geologists.

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The SP did doubled very recently, so hard to be too upset. This is a deep value investment, not for day traders and the get rich quick crowd (which seems to be most people on HC to be honest).

Patience will be rewarded over 2018 here IMO.

AML Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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