That is the drawcard for this stock. We have small-medium sized but very low risk/capex projects.
There is no massive projects to date (although El Pilar could become one) but instead, there are multiple small-mid sized mines that individually are not amazing, but with a few in operation between 2024-2027, AAU could potentially be spinning off $50-100M/year in profits.
The only key risk here for me is getting the first mine up and running (funding). From then on, we are set and should give the market a lot more confidence to put a fair growth multiple on AAU and not just base the value on earnings from the first mine.
Ann: Increase in Resources for La Demajagua, page-19
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.114M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 43746007 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 27713460 | 22 |
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