Excellent run down of the status, I think it's a very rare find on the registry to see a company so tightly held, with no debt and a tonne of cash in the bank . . no debt holders as share holders and a minnow market cap. Pretty much anything they do is going to result in an increase (if any of the shareholders want to actually sell shares . . they are so few listed a lot of holders may just sit and wait.
Drilling hit 500m yesterday so 3-4 more weeks before they hit the 1500m mark (I think that was the target) then they run logs. It's good to not have to look at the market every hour to make sure you arent missing anything, this is one you can just sit on and know it's got a plan a few weeks out. Whoever sold that tiny parcel yesterday may have missed out
Oh, and the chairman of the company seems like a good bloke too who knows what he is doing.
GLTAH
AOU Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
(20min delay)