AAM 8.70% 5.0¢ aumega metals ltd

Ann: BrightStar Project Development Update , page-69

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,289 Posts.
    GC,

    assuming we are into full production per JW's guidelines we should definitely NOT see a further CR.

    However, if something goes amiss, and further delays occur, we are back to where we were some 4-5wks ago cash wise.

    And on the presumption that a CR is needed (lets hope not though) then IMO it will not be a RRI/NRRI or similar raising that involves all holders, simply because these processes take weeks to arrange. If they need extra cash it will be needed next week, not in 6wks. So back to the sophs they go with their hands held out saying "please sir, can i have some more?"

    So we just either trust what JW has said, ie production ramp up in a week or so, or we consider selling on the risk of further dilution.

    I will sit and wait it out - i honestly dont believe JW would dare to quote timeframes again unless he is completely sure it will eventuate.

    cheers,
    Split
 
watchlist Created with Sketch. Add AAM (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.004(8.70%)
Mkt cap ! $29.05M
Open High Low Value Volume
4.6¢ 5.0¢ 4.6¢ $9.747K 198.7K

Buyers (Bids)

No. Vol. Price($)
1 30000 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 240462 1
View Market Depth
Last trade - 11.33am 08/11/2024 (20 minute delay) ?
AAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.