AAJ 29.4% 1.2¢ aruma resources limited

Ann: Lapse of Unlisted Options, page-2

  1. 4,793 Posts.
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    4.2c conversion price....

    there is big gap between it and the the head price current is so he let it lapsed...

    never mind, put some oil into the fire and let sp run to 4c and issue another bunch of options at 2c is quite logic to me....

    AAJ is the only Pilbara Play has not run yet and its another Slate dam project already get it traded at 1.5c, and it has low SOI and average MC, so i am thinking the supply from placement should be almost dry, so let we see 1.6c get wiped and sp rerate soon....

    drilling approval and drilling commence are certainly 2 triggers for the appreciation of this small Goldy....
 
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1.4¢ 269000 1
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