No worries
lemony123 - I can accept some criticism that I didn't have all the information to hand when I last posted. I don't think we actually disagree too much on the content of our posts.
I agree with you that the use of EV's and batteries will increase the demand for a suite of metals - all the way through from Cu Pb Zn to Li Ni and Co (plus a bunch that aren't as well known yet). There is also no doubt that there are structural supply limitations to a lot of these metals as no-one has been looking for them and low prices in the past have inhibited exploration and development of new sources of supply. The jury might still be out on which particular metals gain acceptance but its possible that a suite of metals and substitution may play a part.
I agree with you that AML has a bunch of different metals and I may have worded it poorly but I was just emphasising that due to the high grades it would seem that the copper will possibly be a significant part of the economics of the future of whatever happens at Walford Creek. Anyway - as other posters have pointed out - there is a very large area along strike that remains undrilled so the potential at Walford creek is huge.
You would probably be right in that few companies on the ASX would have committed to 30,000m of drilling, given that we lose 2 months work due to the wet season then I reckon 3 drill rigs could easily produce 30,000m of RC and diamond core drilling in a year.
And yes the main share price movement will possibly come from sentiment, which should be driven by exploration success and announcements but it surely couldn't hurt to see increasing base metal prices during the year (as predicted by some).
I was probably over-egging it by discounting the value of Co to zero but my point should have been that historically Co is only really been economic as a by-product of copper and nickel sulphide deposits and the bubble chart presented earlier just shows a whole bunch of prospective Co producers but in reality there isn't really much happening in Australia right now in the way of cobalt production, and this would be due to a variety of metallurgical and capital intensive economic factors that have given Co the reputation of being a more difficult metal to recover than some other metals such as Cu and Pb for example. Remember that often with cobalt-pyrite-sulphur concentrates, the economics of the thing is tied to the logistics and economics of sulphuric acid and the acid customers as well as power costs and logistics and cost of transportation...
Regardless of this - the geology is right, the size potential of this is huge and its no-where even properly explored or closed off yet so on that we can agree.
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