Please explain why AAU after spending so much on EP drilling, an incomplete DFS on LD, a PFS for NS with allegedly great project numbers and AAU's value spiel of it's projects, still can't get a relatively small finance package?
AAU can and did manage to dilute, put out many announcements and subsequent retractions, spent loads on lawyers yet little return (lawyer spend ongoing), and flip flopped from one incomplete project to the next and yet to be seen whether the currently even more challenging hard to finance project will stay such.
When will another flip be coming for project 'X' - are they waiting for a gold price crash?
One would think it would have been better to allocate spent funds from earlier incomplete projects to fund NS in the first instance - NS would be in production and proceeds could have been used to spend on furthering other 'valuable' projects. This mob thought otherwise - and here we are. AIMO
AAU Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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