AAJ aruma resources limited

Ann: Multiple high-grade copper results & antimony at Fiery Creek, page-59

  1. 4,635 Posts.
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    Hi all.
    @pakkham
    With no disrespect to you mate,
    imho, any broker making claims like that is trying to attract more traffic and hence fees.
    Any broker making claims like that should be de registered.
    If I said that here, it would also be too unrealistic.
    Any stock, that under priced is very obvious and I don't see that here as yet.
    If I apply the multiples $1 divided by the current sp of 2.7c = 37x which would give us a mc of $222m
    They would have to have a lot of Sb for that and they would also need a lot of drilling to prove it, which would be more costs and dilution.
    Realistically, it is possible, just ask WA1.
    I would be happy with a Ten Bagger but also have doubt with what we have right now.

    Kind regards, Wack
 
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