AEX acclaim exploration nl

Verspuy,although I don't necessarily agree with your charting...

  1. 338 Posts.
    Verspuy,
    although I don't necessarily agree with your charting comments, you do raise some interesting points which I agree with.

    There is no doubt that this shareprice is suppressed in part because it is an AEX play. It is not just simply opinion on whether they are transparent, or not interested in their shareholders (though this certainly factors into the equation), but rather what ultimate capability they have in bringing this project to fruition.

    In my opinion the market wants two things to happen -
    i) confirm we have an economic U/Gold play
    ii) and then either sell the asset or bring in a reputable JV partner.

    For AEX, selling DD could set them up very nicely - imagine the worth of an indicated/measured resource (many. many multiples of the $6m they paid).
    Plus, they would likely get an ongoing slice of the pie in any deal that was arranged.
    Personally, I hope that this is how DD will play out.
 
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