AYT 0.00% 0.5¢ austin metals limited

Ann: High Grade Copper-Gold (Silver-Cobalt) in first RC hole, page-96

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  1. JFI
    6,837 Posts.
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    Lefevre,

    I would agree 100% with you.

    Our two (or many) excellent board members, Chairman Besley and Professor Plimer have 5,811,644 shares between then.

    Lets say 196,300,000 shares total for the calculation.

    Two of SCI's directors own just shy of 3% of the company.

    Even without a heap of money thrown at Copper Blow after this work and follow up work they and us will have a pretty good idea what is there. Of course it will be priced accordingly if that is ascertained without a shadow of doubt. And that can be done before any possible dilution.

    Yes 4.3c a share does seem like value.

    JFI
 
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