AAM 0.00% 4.0¢ aumega metals ltd

refinancing news on asx site, page-7

  1. 521 Posts.
    Okay, so its not great news.

    Unless you consider the alternative.

    That come next week and you can sell all you have is a positive outcome.

    But also, think about it.

    I bailed on this company once I realised that there was know way I could tell with the available information if there was ANY economic gold in the ground.

    Here is a company that it putting up a bit of cash.

    For what?

    There must be something there that A1 could sell (note that I'm not saying there is anything there).

    If the new directors can run things right, maybe someday there will be some value here.

    The alternative was nothing.
 
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