My simple view, having been investing in Australia, Asia and UK for 20 years is this.
You do not get 2 CEOs/MDs (AW1 and BAY) putting their name to an announcement where they declare a discovery unless they are 100% sure.
As one or two others have posted there is a difference between a discovery that satisfies Geo's and bona fide, company making discoveries.
I am invested (heavily) in an Aussie based company who have declared a porphyry discovery in the content of their announcements. However, it is very much a geological discovery so at no point has there been am ANN to the ASX declaring a discovery.
The last 3 ANNs derisked this for me. The question now is not whether this is tier 1 or tier 2. All significant information we have to hand points to the former.
AW1 General Chat, page-1012
-
- There are more pages in this discussion • 2,807 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AW1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $69.88M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $54.32K | 402.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1991665 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 167461 | 3 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |