FFM 2.67% 73.0¢ firefly metals ltd

Ann: Auteco Receives A$30.4 Million Fully Underwritten Placement, page-51

  1. 2,735 Posts.
    lightbulb Created with Sketch. 1062
    Food for thought ....

    AUT will have approx $35m after the curent capital raising.
    ADV has a mcap of less than $30m fully deluted
    AUT has the gun geologist team .... ADV look a little light weight in this capability
    ADV was smart in taking a large land grab in the Pickle Lake area
    ADV has a weak register
    ADV share price is riding on AUT's coat string

    If I was in control of AUT, I would offer ADV $10M for 40% if the company including board representation
    I would share the AUT geo team with them
    Mount a huge drilling program across both
    Both companies and their shareholders would benefit

    Just a wild thought ....

 
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