I disagree with you. POG is showing continuing strength after a prolonged period of weakness and is expected to increase further. ASO has a decent find that can be expanded further and since the scale of operation will be less than the nickel, it should be able to get mining going at an earlier date and at lower capital cost. Revenue from the gold will feed into nickel development while the Ni resource remains in the ground and hopefully shows appreciating value from an improved commodity price in time.
There is nothing wrong with making money while the sun shines. The current approach is killing the share price and spoiling the company's ability to raise funds without sacrificing a lot of value. We are heading towards a share consolidation which is always a sign of weakness.
- Forums
- ASX - By Stock
- ASO
- The Gold Company with an Inferiority Complex
The Gold Company with an Inferiority Complex, page-3
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASO (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $14.24M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 0.9¢ | $30.2K | 2.965M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5171782 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2321136 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5171782 | 0.009 |
10 | 2300985 | 0.008 |
6 | 538855 | 0.007 |
5 | 1516833 | 0.006 |
2 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2321136 | 5 |
0.012 | 118500 | 1 |
0.013 | 21733 | 3 |
0.014 | 184818 | 2 |
0.015 | 1105833 | 5 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
ASO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online