AAU 20.0% 0.4¢ antilles gold limited

Ann: Results of Meeting, page-167

  1. 2,107 Posts.
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    my data for just holdings that:
    • sit behind the Interactive Broker IB AUS Noms custodians is 7.6m growing to 100m since Feb 2023 (13 fold increase)
    • and seperately for Citicorp Nominees 6.1m growing to 49.5m shares since Oct 2022 (7 fold increase)

    so that's 150m shares approx 15% of SOI sitting with two Custodial Holders on behalf of ?? how many actual (hidden) holders

    So like I said, more than interesting in the backdrop of the doom and gloom sentiment and constant chiming in by those who apparently have no holdings nor any sentiment for AAU and are "simply doing a service and calling it as it is", but who are they doing the service for ? hahaha

    and in anticipation of those same people saying but they've needed to increase holdings to avoid dilution, well my data has SOI for October 2022 at 183m and today's SOI is 981m which is 5.3 fold, so anyone outpacing that has been doing more than simply fighting off dilution.

    so (for the second time this week ?) I await for actual Company Announcements ...... and laugh off that which I view as BS from others.


    some SOI comparisons in anticipation of the "1Bn shares dilution" fear posts:

    https://hotcopper.com.au/data/attachments/6209/6209748-f85e16f6b0d0a229aeee20afb5c94ee9.jpg

    https://hotcopper.com.au/data/attachments/6209/6209763-3d753cc9b7cd7ca40f542a99bb629d20.jpg

    https://hotcopper.com.au/data/attachments/6209/6209767-e126edfce32093ca27f14e95380cad66.jpg

    at the end of the day share price is a mathematical function of shares on issue and value of the business / projects, so as everyone agrees for AAU it's all about focussing and progressing the projects and agreements.

    and here's a parting thought as a pure hypothetical, even at 2bn Shares on Issue for AAU (another 100% dilution) and a share price of 10cents per share, AAU would still be a minnow company with a market cap of only $200M, a market cap that might still be considered too small for some fund managers even.

    So could the future value of the projects AAU becomes involved in at 50/50 JV be $400M or 33/33/33 JV be $600M ?
    Last edited by signalFollower: 30/05/24
 
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