AAJ 0.00% 1.7¢ aruma resources limited

There's never a good time to raise capital but raising with...

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  1. 671 Posts.
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    There's never a good time to raise capital but raising with around the $3m in the kitty still while there's a bit hype around the company & a couple of good projects at hand is a good time to do it. Let's say they raise $2-5M, that brings the company up to close to or around that $20M worth/market cap. In my eyes it's still undervalued at that with lithium & gold projects at hand. It really should be onwards & upwards from here for the share price instead of a retrace. It's all in front of Aruma here now. It wouldn't be hard to get a $50-60M market cap value on share price activity with speculation of what could be. That's 3-4 bags from where we're currently at today. Just my take on it. Good luck to all & especially the long term holders.
 
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