Slate is has a very unique and extremely complex model, to try and compare it is not really possible for even geologists not working closely with that particular model. You need to look at its economics based on the model not that of other mines and like I said few would be qualified to do this, as most will have no way of calculating what the data shows, ie likely tonnage and grade. I am not sure what more I can say on that.
People keep banging on about a capital raising but it never comes. We have 700k+ still roughly give or take a few hundred K.
We have enough funds to do more drilling before a raise. This is more likely IMO that raising now. Raising now would be suicide for the company and Peter S knows this. It wont be what he wants so I doubt it will happen.
The drillers were partly paid in shares, we had cash to pay them, this shows Peter S has no intention of raising funds at this point in time, but people continue to ignore all the clues and cry capital raise tears.
The fact is we can afford more drilling if we so wished but perhaps our advanced model has enough data points now given advances in prediction modelling.
There is a lot going on with multiple tenements near to being in play.
Track record is everything in the stock market, our supreme commander Peter S seems as capable as Putin in his chosen art. Trojan I hope will be our S300, to put the vultures back in there cage. Time will tell if it can work or not but we will have a good shot at least like the s300.
Silliness aside most people wont be able to form an accurate view on this stock, its a fact based on most traders being wrong most of the time.
Im happy to challenge serial down ramper's with there bold statements which stand the chance of being correct 95% of the time given that most companies fail, its significant scales harder to predict long term success's.
I will stand by my comments over time on this one, my view remains extremely positive on Aruma, and of course massive grades would be amazing we all dream of those huge hits, but that's not what Aruma is doing.
We remain extremely undervalued IMO and could do for some time yet given market perception.
- Forums
- ASX - By Stock
- AAJ
- Ann: Drilling Continues to Expand System at Slate Dam
Ann: Drilling Continues to Expand System at Slate Dam, page-47
Featured News
Add AAJ (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.552M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 71428 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71428 | 0.014 |
8 | 461221 | 0.013 |
9 | 924937 | 0.012 |
2 | 545454 | 0.011 |
2 | 360009 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 5000 | 1 |
0.016 | 76927 | 2 |
0.019 | 147712 | 2 |
0.020 | 267884 | 2 |
0.021 | 233000 | 3 |
Last trade - 16.12pm 09/09/2024 (20 minute delay) ? |
Featured News
AAJ (ASX) Chart |
Day chart unavailable