At what point will they concede, if they have been negotiating with a tyre kicker ?
At what point will they concede that the so called valuable assets the company allegedly holds may not be so valuable to anyone else or is it the case of someone waiting on the sidelines to pick it up when it goes into VL since it is running on the smell of an oily rag?
When AAU had worked on the DFS with LD, the gold price it was based on was much lower - as gold price was firming since, why could they not focus on LD instead of venturing into another 'could' be project or sell it off altogether to generate some of that value in cash? Now at the cusp of possible (could likely be probable) collapse and more money from limited available funds needed for lawyers for ASX rule understandings?
Some may be focused here on who is buying in AAU but perhaps it is the offloader who offloads for whatever they can get as perhaps they perceive AAU's possible failure as no financing deal has been announced.
Time is ticking, cash is dwingling. As for deal makers - thus far it appears, they ain't dealing - tyre kickers or caught up in cost of living pressures or could it possibly simply be due to the project as presented not stacking up - if it did, where are other lined up suitors - maybe need a bargain hunter? AIMO
AAU Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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