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1.2¢ aston minerals limited

Ann: Quarterly Activities Report, page-14

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redsceptre

5,336 Posts.

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03/11/18

07:57

Post #: 36376940
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Originally posted by tbulm: ↑

Agree with your assessment here, at 4.3c with these grades, something isn't quite stacking up. The hits have primarily been from hand drills, but to me that says, not only is he entire license not mined out. Even the existing adits have prospective resources, uncovered with fairly primitive techniques. With the money they have in the bank for years of exploration, it seems like that probability of significant hits and the payoff associated with such warrants a higher expected value of the stock currently and certainly poses a lot of upside for those willing to take the risk. I think fair value right now is probably closer to the $80m market cap range, which is more than double the current SP.

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$16M in the bank is an envious position to be in for many equivalent mining development companies; EUC has so much time to do this right and not get caught up in short term worries about raising cash and the associated need to focus on share price

EUC Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $15.54M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.2¢	$6.56K	504.6K

Buyers (Bids)

No.	Vol.	Price($)
5	1144882	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	35000	1

View Market Depth

No.	Vol.	Price($)
5	1144882	0.012
8	4081818	0.011
8	1680013	0.010
5	549997	0.009
4	337230	0.008

Price($)	Vol.	No.
0.013	35000	1
0.014	818100	2
0.015	335000	3
0.016	2273526	6
0.017	779730	2

Last trade - 15.45pm 10/10/2024 (20 minute delay)

ASO (ASX) Chart

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