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1.0¢ antilles gold limited

Hey 7I've joined you and bought some more. In for a penny in for...

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Lord Byron iii

638 Posts.

687

30/04/24

15:50

Post #: 73587562
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Originally posted by 7seven7: ↑

The result of the arbitration is clearly very disappointing, I think the market was very much expecting something more in the $10-$20M range to be awarded.

For me, today was the first day in a long time that I bought more AAU on market.

At 1.5c, with ~$1.5M in the bank today + $4M incoming from the arbitration award + $3.5M incoming from the sale of old equipment, the enterprise value is insanely low at ~$5M... Is it really reasonable to value the assets of AAU at $5M??

Now that the arbitration story is finally over, the next 6 months will make or break this company. Let's see what they can do to get a first project off the ground with offtake and some financing. Hopefully gold and copper stay hot so we have some wind at our backs during negotiations.

With one project up and running, things should snowball fairly quickly as they have access to a great pipeline of projects.

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Hey 7
I've joined you and bought some more. In for a penny in for a pound. I reckon the market has over reacted. I can't see the Cubans letting this project fail. Cu & Au are in a commodity boom market.
Let's see how the dust settles in the coming days. The major miners are hungry for copper acquisitions.

AAU Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $9.325M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$19.47K	1.976M

Buyers (Bids)

No.	Vol.	Price($)
22	8786508	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	416855	1

View Market Depth

No.	Vol.	Price($)
22	8786508	0.009
11	9761222	0.008
5	3793571	0.007
3	397652	0.006
1	200000	0.005

Price($)	Vol.	No.
0.010	416855	1
0.011	3087352	9
0.012	998160	2
0.013	500099	2
0.014	3363025	3

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 0.9¢			Change 0.000 ( 10.0 %)
Open	High		Low	Volume
1.0¢	1.0¢		0.9¢	508926
Last updated 15.14pm 21/05/2024 ?

AAU (ASX) Chart

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