AAU antilles gold limited

Ann: Antilles Gold Completes $1.0M Raise for Working Capital, page-3

  1. WLJ
    562 Posts.
    lightbulb Created with Sketch. 80
    "...they recognise the growth potential and value of its ~A$23.0M investment in 50% owned Cuban
    joint venture mining company, Minera La Victoria SA (“MLV”), when compared to the Company’s
    current market capitalisation"

    Hypothetically - worst case scenario - if AAU could not secure finance for anything and another company wanted to secure the rights to MLV... they would have to pay for that privilege, as AAU own 50% of MLV... is that correct? So worst case, AAU would be forced to sell their rights and at current market cap (cos it's so f****n low) SH might have their investment covered?

    *Genuine risk mitigation qusetions, not trying to be funny or clever*
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $9.325M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $47.47K 11.80M

Buyers (Bids)

No. Vol. Price($)
20 24537744 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 15085762 27
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
AAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.