Australia's largest stock trading and investment forum Australia's #1 stock forum

ION

Click for more information

0.00%

1.2¢ iondrive limited

Don't worry, I am not relying on SAU for my retirement. I am...

First 6 Last

Share
Profile

Follow
Dasa

364 Posts.

1

30/11/20

14:18

Post #: 49238870
Share

Originally posted by TrendTracker: ↑

If your relying on SAU for your retirement I hope you're aged between 16-20 because it could be a long wait lol.

I like the situation we are in now. With SK doing well with covid and a vaccine likely incoming regardless then we should be all systems go for their mines to go into production. Thus we will have a significant investment in producing mines plus blue sky from ongoing exploration work.

I expect BMV might get things up and running then a bigger company will swoop in and buy them out then fund the expansion. Especially so if we are in the correction phase of a gold bull market.

Overall it's a fantastic result for SAU, but the reaction has certainly been muted with very little interest. Regardless of today's result sentiment is still extremely low.

Expand

Don't worry, I am not relying on SAU for my retirement. I am comfortable in my retirement plan. If SAU comes good it makes things more comfortable and probably adds to my estate for children.

One thing that concerns me about BMVi is that their registered head office is in the British Virgin Islands a well know tax haven. I have a philosphical disagreement with companies who do not pay their fair share of tax. Basically I don't trust them, hence my question about their shares.

SAU Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

There are more pages in this discussion • 31 more messages in this thread...

First 6 Last

Add ION (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $7.258M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$600	50K

Buyers (Bids)

No.	Vol.	Price($)
6	780707	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	200000	1

View Market Depth

No.	Vol.	Price($)
6	780707	0.010
3	1053895	0.009
3	600000	0.008
5	1291000	0.007
2	333335	0.006

Price($)	Vol.	No.
0.011	200000	1
0.012	2335467	4
0.013	300000	1
0.014	581970	3
0.015	1094878	3

Last trade - 10.04am 19/06/2024 (20 minute delay)

ION (ASX) Chart

SPONSORED BY