At the end of the day everything will balance itself out in terms of flow of capital. People (ie. institutions) are always looking for a place to make money. The current financials appear robust. The immediate driver to secure finance is current information & any near term increase in Gold price.
Medium to long term profitability will be underpinned by exploration and new discoveries. Most likely that gold is to be found in numerous occurences in the area, but the majority has never been found due to overburden build up. ATV has developed drilling techniques to go beneath the overburden, and will discover many more ounces in years to come. Refer historical ATV releases for their view on the area and the likely occurence of gold. Their theory is that what has been found is only part of a bigger picture.
Plutonic made a lot of money for some in the past, and Ron was very well connected. Whether those relationships have endured, that makes finance easier to obtain, is something I don't know.
What I do know is the flow of capital WILL go to where money is to be made. ATV is definitely a medium (or slightly less now) to long term play, not a traders stock, or certainly has never been while I've been watching...and that has been for some time.
- Forums
- ASX - By Stock
- ATV
- atv starting to aggresively promote themselves
atv starting to aggresively promote themselves, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATV (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $17.31M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $7.386K | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55370 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 94400 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55370 | 0.043 |
1 | 100000 | 0.042 |
2 | 175000 | 0.041 |
3 | 150126 | 0.040 |
1 | 25000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 24400 | 1 |
0.050 | 376246 | 2 |
0.053 | 200000 | 1 |
0.055 | 220000 | 1 |
0.075 | 100000 | 1 |
Last trade - 14.59pm 08/10/2024 (20 minute delay) ? |
Featured News
ATV (ASX) Chart |