AOH 0.00% 12.0¢ altona mining limited

altona....start your engine !, page-29

  1. 6,294 Posts.
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    Agreed blythefan and jgunter... but the ironic thing through all this is that commodity prices are still through the roof, copper among the foremost.

    So a purely spec stock is going to take a caning but for one as close to production as AOH the market is going to have to factor that in eventually. They're due to intersect the ore face in four months, all things going well.

    It could even brew a perfect storm scenario where depressed market conditions keep the price low until the market suddenly wakes up and compares the copper price to their cash cost.

    All in all, AOH is one of the very few stocks I'm actually optimistic on in the next 12 months. Cautiously optimistic, but optimistic nonetheless...
 
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Currently unlisted public company.

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