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1.9¢ auking mining limited

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Lala49er

162 Posts.

55

07/10/21

13:59

Post #: 56633232
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Originally posted by Beno77: ↑

You pay a premium for the leverage potential.

Buying at 6c you are risking that SP will go higher than 31c.
It was a high of 37c and closed at 30.5c 2 days ago

This will definitely go much higher in my opinion Silver and Gold is on the verge of a breakout. US covering
there debts in 2 weeks should give those commodities a kick .Copper will continue to trend up with the EV revolution.

Current drill program is drilling into mining leases. This will mine in my opinion in 3 years SP then will be well into the dollars and those buying options now for 6c will be sitting very pretty.

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you write...

"Current drill program is drilling into mining leases. This will mine in my opinion in 3 years SP then will be well into the dollars and those buying options now for 6c will be sitting very pretty."

except dont these options expire in less than 2 years.... so the SP in 3 years is not really relevant.

dont disagree these options could be worrthwhile though...

AKN Price at posting: 24.5¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 1.9¢		Change -0.001(5.00%)		Mkt cap ! $4.472M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.9¢	$1.292K	67.98K

Buyers (Bids)

No.	Vol.	Price($)
4	757422	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	200000	1

View Market Depth

No.	Vol.	Price($)
4	757422	0.019
1	55550	0.018
1	58820	0.017
1	200000	0.016
1	199995	0.015

Price($)	Vol.	No.
0.022	200000	1
0.024	575302	3
0.025	17182	1
0.028	30000	1
0.029	500000	1

Last trade - 15.02pm 03/05/2024 (20 minute delay)

AKN (ASX) Chart