IMO, the only thing holding AAU back is geopolitical risk, whether legitimate or just inferred.
I don't know where the SP goes in the short-term, even after defining a JORC resource, however I suspect the true value will only be unlocked once Cuba's risk profile is re-rated. Perhaps AAU is a test case for proofing this in some ways..
As far as I'm concerned, the project opportunities, sovereign relationships in place and the ridiculously low market capitalisation make AAU an absolute no brainer for me.
good luck all!
IMO, the only thing holding AAU back is geopolitical risk,...
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.845M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $600 | 150K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 47244960 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 28860891 | 24 |
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| Last trade - 10.00am 09/08/2024 (20 minute delay) ? |
| AAU (ASX) Chart |