AAU 0.00% 0.4¢ antilles gold limited

the Cap Required to go forward is 1$3m in total over the last 3...

  1. 2,119 Posts.
    lightbulb Created with Sketch. 296
    the Cap Required to go forward is 1$3m in total over the last 3 years, so 2021 already satisfied, there will no doubt be an update in this week's Annual Report due by 31st March, this is last years mention on it.

    https://hotcopper.com.au/data/attachments/4209/4209938-46fbc551e1db6f9f6525c653570b6807.jpg

    of the current Options outstanding they equate to $8m of cashinflow for holders at strike price 13c if executed by holders

    yes the $40m settlment is a potential boost in a near term, but check the Financial Scoping Study which outlines $35m per year of profit share as the minority interest JV dividend expected to come to AAU.

    Project financing has long been spoken of in the context of "traditional and supplier project finance" that ii) and iii) above

    Also if you scroll back through recent comments the cap raise was suggested by others to be around the mark of the 2022 committment to the JV above

    I will also highlight something I read way back when the Dominican Republic project was being commissioned, was that Brian personally executed his closely out ofthe money or very near to just being in the money options well ahead of Expiry date by around 6 months still to run, he did that because atthe time there was a need for extra cash to tackle issues during commissioning - if that isn't committment from an insider I'm ot sure what is (you'll have to dig deep through historical announcements to find it)

 
watchlist Created with Sketch. Add AAU (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $5.845M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
26 13830717 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 7249785 13
View Market Depth
Last trade - 16.12pm 05/09/2024 (20 minute delay) ?
AAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.