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1.1¢ antilles gold limited

All the projects are there, la dem all but done NS is just...

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30/04/24

17:35

Post #: 73590373
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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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All the projects are there, la dem all but done NS is just sitting waitibg to be scraped off the surface and el pillar is chocka of copper the needs of which will go on for years . In othef words the commodity is going no wherenor am i if it has to be sold to a large player then thats the payday. Good luck to the knee jerkers i got more

AAU Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $10.79M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$50	4.545K

Buyers (Bids)

No.	Vol.	Price($)
3	1507652	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	2050908	7

View Market Depth

No.	Vol.	Price($)
3	1507652	0.010
16	6669898	0.009
10	9636222	0.008
4	3768571	0.007
2	350000	0.006

Price($)	Vol.	No.
0.011	2050908	7
0.012	350000	1
0.013	950099	3
0.014	1863025	2
0.015	2751412	2

Last trade - 10.00am 17/05/2024 (20 minute delay)

AAU (ASX) Chart