AML 0.00% 0.5¢ aeon metals limited.

Welcome to the AML forum. This thread is intended for visiting...

  1. 83 Posts.
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    Welcome to the AML forum.

    This thread is intended for visiting investors who have little technical knowledge which includes myself, and who are trying to find a sound battery metals investment for 2018. Please feel free to add or disagree to the thread.  What should you be looking for: (the list is not necessarily in the right order)
    1: Institutional Investors: Institutional investors or hedge funds have there own inhouse analysts who will examine companies under a magnifying glass before investing there clients money in them. AML have several institutional investors with more than 5% holding. 5% or more usually indicates a long term investor.
    2: A skilled and focused management team who keep the investors informed, and who are clearly moving forward with a set business plan with near term production as the target.
    3: Independent analysis with a 100% buy recommendation. (see AML website)
    4: Over 30 million dollars in the bank, fully funded up to mine construction.  
    5: It is my understanding that there are two types of ore, Sulphide and Laterite. The Laterite ore is much more expensive to process. Much more expensive to build the processing plant, and take significantly longer to build the processing plant. AML have the sulphate type ore which is cheaper to process and cheaper and quicker to build the processing plant. There are variables to the above so please do your own research.
    6: One of the largest drilling campaigns in Australia in 2018 using at least 3 rigs = a solid flow of resource updates which will be a great share price catalyst throughout the year.  
    7: The latest drill results: 4th December   2017   Highest PY3 copper  and cobalt    grades   yet at    Walford    Creek   • Highest PY3 copper  and cobalt grades   – 30m    @    3%   Cu,    0.44% Co   and 50g/t Ag   from   188m • Results    from   900 meters  west   of    existing Vardy Resource    confirm expectations    of    a large   mineral system  with    potential   for   significant    additional Resources    beyond  those currently   defined • Upgraded Resources    estimate   in progress   Aeon   Metals   Ltd (“Aeon”    or    “the    Company”)   owner   of    one of    Australia’s    biggest  undeveloped    base    metals   projects    in north-west    Queensland,    the Walford    Creek project, is pleased to    announce assay results   for   its    final    two holes (holes    eight   and nine)   from   its    second  phase 2017   drill    campaign.   These two holes targeted   the high    grade PY3 unit west   of    Vardy.   Hole    eight    (WFDD270), located in the Marley  Zone   is ~900m   west    from   the edge   of    the Vardy Resource and    confirms   the outstanding potential   for   high    grade    copper  and cobalt in the PY3 along the extensive    Fish River   Fault. Hole    nine    (WFDD271) was aimed at    an    apparent   dip   in the stratigraphy where no    previous    hole    had intersected   the PY3.    It    intersected   faulting and defines  an    offset in the    stratigraphy at    depth.   Both   holes intersected    significant    mineralisation and continue   to    confirm both    the high    grade PY3 as    well as    adding   geological    rigour to    the 3D   geological    model. Results    returned   from   these two holes include  the following    significant    mineralisation:   WFDD270 results   in the PY3    include; • 45m @    2.21% Cu, 0.32% Co   and 43g/t    Ag   from   185m - Inc.   30m    @    2.99% Cu, 0.44% Co    and 50g/t Ag   from   188m    WFDD271    results   in a faulted  block of    PY3 include; • 13m    @    0.51% Cu, 0.07% Co   and 30g/t Ag   from   262m    • 18m @    0.56% Cu, 0.07% Co   and 15g/t Ag   from    297m The very    high    grades   in hole    eight, WFDD270,    which targeted   the PY3 within a few metres  of    the modelled 3D   geological    target,   are outstanding    and the best    of    the recent   program   of    drilling.  It again emphasises the extremely consistent    copper  and cobalt grades   in the middle   to    lower PY3    and indicates   a thickening    of    the PY3 to    the west. This hole    is a further  675m west   of    hole    WFDD268 (22m   @    2.2%   Cu, 0.31% Co   from    201m) in what   the Company is now    referring    to    as    the Marley  Zone.    
      
    8: Market Cap: It is very difficult to estimate a MC of a speculative stock but based on other small cap companies on the ASX the MC should be considerably higher than where it is now. IMO the MC will be around $1.00 next Christmas as a conservative guess.  If the 2018 drill results further supports the above which they are expected to do then we are looking at a multibillion dollar company in the near future…………………………………………………………………

    Although I won’t be able to answer technical questions myself there are guys on here who will be more than happy to help you.

    In your search for small cap mining stocks if somehow you do find a speculative stock with better credentials than AML then we would all like to hear.
    Good Luck all
 
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