A2 Milk Company Ltd V.ATM

RE: Just One Good Hole Required.

[Nikolai]

One good hole wouldn't be bad at all, but it would be considered an isolated event. Two good holes is a trend that will receive attention. Action mentioned there is visible mineralization in two of the holes so let's hope for two or more with meaninful % Cu. The lab gave me a rough timeframe of 6-7 weeks for a hypothetical company that would have requested a basic acid or fusion core analysis. Acme also mentioned that they're working 24/7 and turnarounds are improving as they head into year end as the volume of incoming samples decreases. They're now catching up and could be looking at much shorter turnarounds by Feb/March, of course we'll have no more samples for the lab at that time. The missing piece to the equation is when exactly did Acme receive the samples from Action? The October 30 NR states that the core sections will be submitted in the "near term" which is rather subjective. The company is responsible for logging, splitting and shipping the sections so they would have to answer that question. I would think the comany was finalizing the splitting and shipping at the time of the NR. Possible conclusions if lab received samples... NOVEMBER 5 = results between December 17 - Dec. 28th. NOVEMBER 12 = results between December 24 - January 4 (or better). NOVEMBER 19 = results between December 31 - January 11 (or better).