AUN
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7.89% 4.1¢ aurumin limited

Ann: Capital Raising to Fund Continued Advancement at Sandstone, page-21

  1. Hottin
    6,479 Posts.
    lightbulb Created with Sketch. 349
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    13/03/23
    13:24
    Post #: 66734668
    Yeah it looks cheap but...
    The CR will not cover the debt, if they have debt $6.4m, and I'm guessing they will probably get only the $2m and that is just ok not enough I think. My point is this cash will not last too long .
    I know it's easy to say this but they should raised funds last year when the price was well above 10c.
    AUN Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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