YES.This is looking like a real cliffhanger! It is looking more entertaining than “Game of Thrones” from some of the feedback on HotCopper. No investment advice intended!!! This is the million dollar question Faced by half the junior resource companies in the past few years.
But I think good short term management may get AEE to a position where it is recapitalised and possibly find a deal to capitalise on some resources or get finance deal to fund mine construction, and proceeding with JV exploration of gold / metal assets. It is not rocket science and the market cycle is finally getting to turn up for many junior miners, including AEE. It might be better to appoint more “mining professionals” to the board of management once momentum picks up the company is recapitalised hopefully with less share dilution and not as cheap.
AEE Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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