No prob's there tangs, We have plenty of options to progress that's for sure
& our market cap ATM does not reflect the optionality cash on hand & J.V.
exploration potential from IGO especially given they-IGO are still committed
to another approx. 5,000,000au in exploration expenditure of which ABU
investors are the potential beneficiary's, nor ABU's own exploration upside
our cash position over $7,000,000au- gives strong indication there is little
reason for concern re C.R. -event any time soon.
In edition Hyperion is about to add in ground value to existing when the
resources is updated this quarter.
ABU's tenure is large & continuous & has a high potential of discovery.
I don't see any problems myself with exploring options that can potentially
drive the s/p, clearly there is way to much for ABU to handle on its own,
that's not to say or imply our M.D. is not savvy enough to negotiate any
potential deal that benefits investors for instance J.V. of Buccaneer if it adds
up-We are not locked into any thing & our own exploration program is
progressing well.
How many company's have this sort of tenure & optionality with known drill
targets & are surrounded by billion dollar company's expanding production,
& conducting J.V.'s namely NEM, NST-TAM & IGO.
I see we have just been granted tenements EL25256,EL29832 & EL29859
formally known as Tanami South-seen in appendix 5b bottom of Quarterly
report for those that missed it.
Personally I see much potential upside exists especially with our recently
appointed M.D. & Chairman now directing traffic & clearly have given ABU
a whole new level of market exposure.
imo-glth
salt
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