ASO 18.2% 0.9¢ aston minerals limited

Ann: Aston raises $29.25 million at average of 15% premium, page-13

  1. 36 Posts.
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    Serious question: has anyone got a take on what its going to take for the market to get excited about ASO?

    They’ve confirmed the NI is 90% recoverable, in a jurisdiction with processing capability, run via renewables offering low production costs….& comparisons being made to MT Keith (many doubters on this one).

    Even if the next batch of assays come back @ .5% are we going to see any substantial increase in price? Do we need to wait for a resource estimate or a take over offer whilst the SP does nothing?

    Im taking comfort in the fact TK & Rob put their money where their mouth is & expected a much worse outcome following the CR so will hold for now. But for how long, I don’t know.
 
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