"worried you will get hit"
Me? Worried about AEE? Hardly. I haven't invested about $2.8m of your funds money at 0.016+ average.
I can see why your average is so high when this link below is an example of your analysis. Unless this was not real analysis but a sad attempt to pump the stock.
https://hotcopper.com.au/posts/38714389/single
Then we have the admission of that you/Asean has yet to visit Mauritania. How anyone could be comfortable investing millions without in-country Due Diligence is, imo, beyond me. Videos???
https://hotcopper.com.au/posts/38742202/single
If I was doing DD I would meet with:
1. Government Officials to get an understanding on mine permitting and how they intend to comply with international standards for exportation of uranium;
2. Hydrogeologists to understand water availability. Did you call USGS regarding their 2 previous country studies over the last 12 years?
3. Mining contractors
4. Security firms
5. Local expats. Nothing beats meeting other foreigners on the ground in 3rd world countries. I have lived in a few myself. Local knowledge is incomparable in value.
But I understand the panic. Sentiment is low; massive overhang; late delivery on every milestone; an expectation of the drilling contractor dumping as I assume they prefer to have cash rather than stock and then we have Lind C-note. And most experienced investors understand the pressure put on the SP when there is a C-note.
Imagine if the financial press got hold of some of your posts on here. Would Asean's reputation hold up to the scrutiny?
Meanwhile, all you have is endless posts about the bottom of the cycle. From this I get the sense of desperation.
All imo.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $128.1M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $18.66K | 121.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1000871 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 660320 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1000871 | 0.150 |
8 | 502944 | 0.145 |
7 | 468311 | 0.140 |
3 | 380000 | 0.135 |
9 | 642201 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 660320 | 3 |
0.160 | 348006 | 3 |
0.165 | 313832 | 6 |
0.170 | 151672 | 4 |
0.175 | 276917 | 5 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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