If NS project parameters are so great and given the price of gold, why is it so hard for AAU to obtain a relatively small amount to fund mine build? Wonder how management would go on running a chook raffle?
Something here has been amiss - they knew despite all the spiel about the project being so great that they will have very little to no chance of funding from the alleged offtaker - so begs another question - why didn't they instead of flip flopping again, go with the option as now proposed in the first instance?
But of course as per announcement, they will have a less of a chance of such pivot being successful - so let's go with that. So in short, they had little or no chance before pivot and now a rather big fat chance. Looking forward to the next fat chance announcement and perhaps coupled with another cap raise so as to allow such announcements to be released.
Wasting time, the recent $1mill raise won't last long and diluted to the hills. Sharks are circling, waiting to pick up the carcass from AAU's demise - then they'll provide funding for their own purposes - after all, the NS project is so good it's worth a go and a new shiny suited management will be smiles from ear to ear as they'll capitalize from excellent gold prices smoking their Cuban cigars. AIMO
AAU Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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AIMO
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