From the announcement the team is doing exactly what they did with Tietto and what the brokers and more experienced investors like Binwood and FBX expect.
With Tietto looking on from the outside I used to be puzzled by see these exploration drilling updates. What the were e and are from Aue is doling out the jigsaw pieces that knit into the clear plan they have outlined. E.g. I am pretty confident the recent Broker note from Petra Capil especially the SP outlook will be achieved.
What we have is two (shotgun) barrels:
drilling up the gold from the targeted
the gold price itself.
They can both act in concert or unsynchronized but the target will be hit or Blown away.
FMW is smart and seeing the same in TCG but I believe he also recognises what Caigen was saying when I mentioned them as an alternative. We have very few shares on issue (and TCG aren't exactly profligate with their share issuance given the directors who are proven veterans own a big chunk of that co.).
All IMVHO.
AUE Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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