AUR 0.00% 0.7¢ auris minerals limited

a agreed very good value, whatever is the real exercise price...

  1. 76 Posts.
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    a
    agreed very good value, whatever is the real exercise price 5cents or 12cents.
    In a early stage discovery you should mostly go with the longer term warrants or options, because it takes time
    to drill out.

    also bought ASX.FEL  = Fe Limited, they indeed own 20% carried to production interest in the whole tenements.
    20% carried to production in a early stage discovery play is at least as good as 30% direct interest minimum,
    because its OPM thats spent, in this case AUR

    FEL also has couple of intersting JV with IGO, Northern Star, Alchemy and others
    Marketcap 6mm , up only 17%

    They (FEL) did a misstake because they did post AUR NR, but said "price sensitive - No" LOL
 
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