I agree Frank. Ashton, as is common in this industry, is not telling the public near all. They are after the big picture, not the little glitches. And as Joe Sing has pointed out, in the long run this will be looked back on as part of Ashton's appeal (though I think Joe was more referring to their NR disclosure-- I say lack of disclosure!).
There are a lot of huge snakes out there aching to get their hands (?-fangs) on some, more, or most of this play. Debeers for example (not to imply that they are snakes!), could swallow any willing to be caught. To think that they are the Cartel (the CSO, "A Diamond is Forever", controlling 80-85% of the world's rough diamond production), and yet, correct me if I'm wrong, only 5% of their net worth is derived from the diamond industry, worth multi-billions on its own.
It behooves Ashton to lay low as they learn and progress.
Study results to date. I think you'll find they are quite impressive, and esp. at such a remarkable pace. - - Reconnaissance drilling is just that, and that's the kind of report we got on Wednesday. Ashton is proceeding as it deems best, with an enormous task-list ahead of them.
Also remember that geology is an ever-evolving science. If only there actually was a manual one could simply refer to!
- Those without vision will miss out here.
There is still a lot to learn, a lot of work to do and time to withstand.
Have a great weekend all.
-j
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-- Ashton Canada's WebSite NR archives: ashton.net.au |
