re: so cheap at these prices Deltra - there will be never any institutional interest in AEX - unless, the grades, through "infill drilling" after a placement, prove it up. Highly unlikely - the SA au - u mines are near in impossible. Look at who is operating - your grades are far too low. The drilling re - 11 holes - for all pros have dampened any idea of any real prove up. You need gold after which short term sell into news.
This ain't no U mine. It is plain silly to even contemplate the idea given historical data - grades are up to? It is historically 0.3 if you are prepared to pay for data. The biggest Au/U mines in SA principally only sell gold - U is just a pleasant off shoot. No money - but fun and an abstract bi-product - similar to Copper. The larger gold/U mines do not have any U - so low in terms of monetary value that is only "fun". Check who is operating and who is selling the farm ins.
Nice idea - be careful. Great trading stock but choose your entry points carefully.
R/T picked this beautifully and some have made good money. After a great amount of DD, I jumped in and made 70% in a couple of weeks - I did this purely on technical grounds. I was fortunate.
Check anglo american and historical brilliance in defining all data and selling it on. You tell me who is Denny Dalton Pty Ltd/Savanna (h) is/was? LOL and why the indiscrepancy in 05/06 announcements.
Check 2005 posts on AEX. Free options?
I have taken AEX as a project and have found a great deal of which are significant rather than "immense". AEX has been a d/trader favourite for some months and T/A is VERY significant despite the fundamentals.
Good luck...some have made good money on this one despite what eventuates in the short term.
She'll bounce at some stage. I first thought 4.8/4.9 but now 3.8 looks better - one more shake out and a few larger traders will come in and feed.
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