ASO 22.2% 1.1¢ aston minerals limited

If they were good enough to buy at 15 cents then surely they are...

  1. 2,473 Posts.
    lightbulb Created with Sketch. 363

    If they were good enough to buy at 15 cents then surely they are good enough to buy at 2.5 cents. Nothing has changed. The project has successfully advanced with increased resource along strike of B2 and increased confidence with infill drilling at Bardwell.

    The share price is just a reaction to overall Nickel sentiment.

    Aston still have over a billion tons of Nickel sulphides in the ground, at shallow depth and accessible with open pit mining methods, the Nickel is high tenure and proven to be highly recoverable with no silicates or penalties, simple open pit, crush and float circuit to produce a high grade concentrate. This is a tried and tested method that management have taken projects from this stage through to production multiple times on lower grades and more remote locations with less government support.

    Below is a quick snapshot of three other Nickel stocks on ASX overlay on Aston following similar trend line.

    Basically, Aston just need to continue what they are doing, they have a very experienced management team who have done this before and can get this project to production. They did thorough due diligence prior to accepting the role. They have the deposit, they have the location, they have government and local support, they just need to continue what they are doing and when Nickel sentiment returns so will the share price IMO.


    https://hotcopper.com.au/data/attachments/5852/5852207-1fe80217d75c8f137aeb8664bb05f024.jpg



 
watchlist Created with Sketch. Add ASO (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.002(22.2%)
Mkt cap ! $14.24M
Open High Low Value Volume
1.0¢ 1.1¢ 0.9¢ $30.2K 2.965M

Buyers (Bids)

No. Vol. Price($)
8 5171782 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2321136 5
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
ASO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.