Clarification -IGO is the common denominator -Indrisie made his money on Sirius which was taken over by Independence Group -then they cleaned up again with Windward taken over by Independence and Independence are drilling at Lake Mackay in a JV with ABU and all lining up for the triple. But ABU has a fantastic gold play too near Groundrush.
ABM Resources are bolting - traded at 17.5c at one stage today - up from 5c only weeks ago. Punters like Rick Indrisie who parlayed $300,000 into $25 million are on board. This is related in a way to MTR given Terry Grammar was involved in Sirius.
I notice that total directors emoluments increased in 2016 TO £271k from £157k and those of AB to £127k from £91k. Not bad money for running a loss making company. I wonder what they will award themselves next year if we receive all this Jupiter money. No doubt it will be substantial.
Yes mate -drilled Horse Well and got virtually nothing. Big disappointment but Andy Viner was thinking outside the square and has an Exploration Licence west of Broken Hill which has high grade cobalt with limited historical data. One sniff and it can be a multi bagger some have been accumulating at the present low prices. See the cobalt battery link http://www.visualcapitalist.com/critical-ingredients-fuel-battery-boom/
Alloy resources seems to be a very slow burner been drifting along for a few years at or around the same price, what do you think will be the catalyst for this moving up in price over the short term. RGM just needs a cash rich partner and cobalt prices are on the up http://www.infomine.com/investment/metal-prices/cobalt/5-year/ Cobalt seems to have be largely ignored when it comes to car batteries, all we seem to hear about is lithium. maybe that article is more up to date than we think.
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