I think the fact that insiders have monumentally added to their holdings over the last 6 months, is somewhat encouraging.
I think they now realise they've failed, as such they have stealthy pivoted back to CZ over the last 6 months.
As insiders have scooped up a ton of exposure, I believe they'll make it clear that they're back into the CZ.
Coincidence?
As far as them joint venturing out various parts of our holdings, I think they tried but nobody was dumb enough to bite.
Look at how they put lipstick on Malachite, and what a disaster that turned out to be.
Based on the Malachite sales pitch alone, I can't ever believe any hype/positivity from Sam going forward; and I don't think others will either when it comes to getting into a JV with us.
What absolutely kills me as a large shareholder is the fact that they dedicated 3 years to this strategy and it cost us ~AUD$30m.
Mr. "meters drilled is not a KPI"... Ok then...
Is a completely wasted ~AUD$30m a KPI? Why are staff getting incentive bonuses? Why are any bonuses being paid at all? Why is Sam on ~AUD$730k remuneration per annum?
Please lord, make the imminent 2024 Exploration Program Announcement be titled as follows:
"We're now prioritising the Central Zone to expand on the already existing 600k oz resource."
All my uninformed opinion.
Best of luck punters!
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- AAM/MMZ - Why bother?
AAM
aumega metals ltd
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2.9¢

AAM/MMZ - Why bother?, page-110
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $17.51M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.7¢ | $42.53K | 1.471M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 97618 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 64633 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 97618 | 0.028 |
2 | 108000 | 0.027 |
1 | 135000 | 0.026 |
1 | 130000 | 0.025 |
1 | 62562 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 64633 | 1 |
0.031 | 20000 | 1 |
0.032 | 107444 | 2 |
0.033 | 101367 | 3 |
0.034 | 121806 | 2 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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