A8G 2.50% 8.2¢ australasian metals limited

A8G general

  1. 660 Posts.
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    Thought I'd make my first ever thread bc there doesn't seem to be much discussion or a lot of activity on this forum...fortunately there is decent news flow from company. add any general thoughts, questions, concerns

    I'm excited for this companies future, I really like their approach. Have made me plenty and I hold...in fact now is a great time to buy..recently they had a "cap raise" at 45c to 2 investors as on market trades worth millions.

    Current shares on issue = 40M
    Market cap = 18M
    t20 = 59%
    (ALL/Atlantic lithium 11%) Zeng is party of geosmart consulting which hold another 6% (so he even more skin in the game).

    Dr Zeng is also currently a non-executive director of ASX-listed Metalstech Limited (ASX:MTC) and AIM-listed Kodal Minerals

    CSIRO partnership in an area adjacent or in near proximity to CXO tenaments. Have gold tenaments too with strong historical results.
    current drilling and is well funded (had 6M in bank)


    Anyway dyor research as always, this is just general chat. I am accumulating at these levels very happily! just waiting on strong results bc it doesn't take much to make this one fly. glah yada yada



    https://hotcopper.com.au/data/attachments/4129/4129245-8dc40f90df628f9924095a7270f776c4.jpg

 
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Last
8.2¢
Change
0.002(2.50%)
Mkt cap ! $4.274M
Open High Low Value Volume
8.4¢ 8.4¢ 8.2¢ $1.749K 21.13K

Buyers (Bids)

No. Vol. Price($)
1 55824 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.7¢ 40000 1
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Last trade - 11.51am 02/05/2024 (20 minute delay) ?
A8G (ASX) Chart
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