AEE aura energy limited

Ann: Appendix 2A, page-6

  1. 56,871 Posts.
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    Look at asset value - a tiny M & I low grade deposit that spans many 100's of kms apart in West Africa - an Islamic State.

    How much do bodyguards cost?

    A balance sheet that is close to V/A.

    Directors suing each other.

    Then read the DFS parameters.

    Massive dilution coming once David etc. takes control - it is in black and white.

    The whole thing is a basket case and it's important to recognise that altruism does not exist in the market place.

    Only self-interest and perhaps in your case, self-defense is a day of reckoning.

    I get that, but I don't congratulate the ramping.

    Yes, I agree - this entity should be taken over, but can't you see the immense dilution ahead to perhaps grab the crumbs underneath your feet?

    Look at the finder's fee.
    Last edited by fluffynymph: 08/04/20
 
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