- 26 August 2021
Definitely not one I would put my money into but each to their own.
did you reference Sherritt International and Trafigura Mining Group as predecessor JV miners ? pretty easy to land on sovereign risk, and in doing so you'd inevitably rule out a much lower AISC producer, which $18m AUD in for $35m AUD p.a. returns from just the smaller project certainly highlightsDefinitely not one I would put my money into but each to their own.
this is headline reaction on the sell side to the recent cap raise at 6.5c which came with 2 for 1 free options to spohisticated investors only, so also some of those players players may be going a "free options" only posiiton for close to free carry with over 12 months to go on those options.Low volume but AAU is down almost 6% today? Market depth looking a bit weak with not a lot of buyers lining up.
Hi there gregglesInformative video. It seems like precious metals, base metals and lithium/REE are a no brainer at the moment. What he says about green metals (nickel, cobalt, copper, lithium etc.) is true. Government policy will keep demand in this sector high for the foreseeable future. Supply will eventually catch up, but it may take several years and it may struggle to keep pace if demand keeps increasing.
What are the risks with AAU? I haven't been following it, but it does look interesting.
a TA chart approach on an Explorer / Mine Developer is kind of pointless in these early stages, this is about being undervalued to the NPV of just the near term Open Pit mine (less than 20% currently), and therefor all the other pipeline projects and the strong likliness of the $40m Dominican Republic claim being settled by June 2023 aren't in any way represented in share price.AAU share price chart is currently weak/bearish
AAU Share Technical Analysis | Antilles Gold LimitedCurrent Technical Analysis and interactive chart for $AAU stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.asx.swingtradebot.com
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