AOA 0.00% 0.2¢ ausmon resources limited

Surely alot here are thinking we are very under valued. I can...

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  1. 1,047 Posts.
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    Surely alot here are thinking we are very under valued.

    I can only compare AOA to COB due to nearology and chasing the same commodity.

    I have attached the announcement made by COB in 2017 when the sp when awaiting the RC result was ~0.27c and approx. $27m MC with $10m cash and yet AOA is at 0.01 / $7m MC.

    In 2017 the cobalt price was ~$15,000 - $25,000 tonne and now in 2021 double that price @ ~$50,000

    So for my rough estimates AOA to be in the same position as COB at the same time of thier cycle we should be 4c + considering the price of cobalt is now double.
    https://hotcopper.com.au/data/attachments/3091/3091544-98cb8edd925978b70e2ef3a91d8d85ca.jpg
 
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