ASO 6.67% 1.4¢ aston minerals limited

The process flowsheet is complex, which means expensive. There...

  1. 3,662 Posts.
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    The process flowsheet is complex, which means expensive. There is a long way to go yet to obtain firmed up cost estimates when even a Scoping Study with 30+% accuracy) is months away. In the meantime the SP keeps shrinking.
    EV take-up in North America is shrinking as users come to grips with real-life issues and so there has to be doubt as to the progress of those manufacturing plants anticipated in the Quarterly.
    This is no quick flick stock. Long term investment hopefully, but many factors need to come together to achieve a positive result.
    I still raise the question as to whether, at this point in time, pursuing the gold resource is better, although I do need to dig into the viability of that some more. Nevertheless, based purely on the gold resource of 1.5 Moz, ASO is cheap, with a gold resource at $5/oz and that ignores the Ni/Co resource..
 
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