AAU 14.3% 0.4¢ antilles gold limited

Hi Jak, welcome aboard Sir... I trust 1.1c will be the low but...

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  1. 2,656 Posts.
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    Hi Jak, welcome aboard Sir... I trust 1.1c will be the low but have been pants often enough not to bank on it just yet..

    Got bloody hands myself on Tue on the same assumptions as yourself regarding fair value..

    100koz gold & 50mlb copper in an oxide resource from surface to 100m supported the SP & then some..

    But as with the oiler example it is obvious the market is giving nothing for tomorrow, because of what the current market is & because the boy has cried wolf one to many times.

    Dow being off 500pts rarely helps hence the astonishing 1.15c entry price but good luck to you Sir as I believe it was well played. (He says with his belt firmly tightened just in case)

    Up to management as to how they rebuild confidence now.

    They have the resources to do so if & again I say if, the conditions precedent upon which expectation has been set is not overly ambitious?

    Scoping Study, PFS, Offtake Agreement, Decision/Permit to Mine & short ramp to production at NS, highlighted starting construction are key metrics can't slide right..

    PFS outlining the NPV still won't be believed until an Offtake Agreement in Usd terms underpins it I fear.

    If that isn't key priority now, I'd be concerned.

    AGM in a few weeks may shine the light on things a little brighter?

    We'll see as I'm too old to take many more kickin's

    gltah h8tey



 
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