It is great you understand the significance of my biased view of AWJ and the downside risk profile.
It is even better if you take a moment and turn around and do the metrics at 10x everything to compare value to much larger companies.
And I mean everything from production ounces through to costs/ounce and cash generation and also cash in bank and so on.
Even at 50%,our share of ounces produced per 10000 shares or $10000 market Cap.
How many miners have a secure and growing potential 5yr production profile life ahead at even their existing production,let alone rising, with a Nil Cost ceasing of production in a downturn?
Especially on a low cost start /stop 35mtr drill depth resource definition program ahead as disclosed to date.
Best of luck with whatever you decide to do - investment wise.
DYOR + DYODD My largest holding and I have NEVER reduced and don't have a foreseeable plan to.
I have many eggs in a few different other baskets,as the Earth does fall at times even if you think it won't.
But,I have noticed followers in business of other companies strategy that have a successful operational strategy,always have to have a BUT or this is a better way moment,which is why most can never copy a simple operations profile without fouling it up.
It's called EGO and rarely ends well,which is why a good restaurant usually gets buggered by its new owners/operators/chef
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22.5¢ |
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Mkt cap ! $33.42M |
Open | High | Low | Value | Volume |
23.0¢ | 23.5¢ | 22.3¢ | $97.22K | 426.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 79074 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 14244 | 1 |
View Market Depth
No. | Vol. | Price($) |
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7 | 79074 | 0.220 |
2 | 61207 | 0.210 |
2 | 100005 | 0.205 |
1 | 9000 | 0.200 |
1 | 30000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 14244 | 1 |
0.230 | 138708 | 1 |
0.240 | 257249 | 3 |
0.245 | 20223 | 1 |
0.250 | 33499 | 2 |
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