Entry for STT Thread
AAJ
Only 149M shares on issue - capped at just under $1.2M
Cash + R&D rebate = $1.2M
So it's trading at cash backing
The nice looking asset is their Bulloo Downs Project
When they drill the next 4 holes, this should start to heat up
Could easily be worth $10-15M on decent strikes
At 5c, it is worth $7M
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- Short Term Trading Week Starting: 25 May
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