AAM 9.80% 5.6¢ aumega metals ltd

Our all time high (ATH) is $0.565 @ Jun 21.Some may argue that...

  1. 86 Posts.
    lightbulb Created with Sketch. 16
    Our all time high (ATH) is $0.565 @ Jun 21.
    Some may argue that with gold at ATH, we should be back there... or even much higher.

    The way I look at our situation is through market capitalisation.
    Our highest ever market capitalisation was ~$100m in Jun 21.
    If we wanted to hit ATHs of $100m again then this would take us to $0.19 (~$100m ÷ 526m SOI).

    The question is, what value has been added since Jun 2021 to justify a valuation >$100m.
    Some may say rock chips samples add value...
    Some may say no value has been added at all...
    Some may even say we've removed value by shelving the 600k oz resource we have...

    Best of luck punters.





    https://hotcopper.com.au/data/attachments/6494/6494949-fddba6e35ac9e0edddcf9639c46fc47a.jpg
    Last edited by Diddler: 29/09/24
 
watchlist Created with Sketch. Add AAM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.