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0.9¢ aston minerals limited

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melbinvestor33

194 Posts.

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14/11/17

10:57

Post #: 28767038
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Originally posted by AMreidIt ↑

No offence to shimmer or HC traders for that matter but if you're equating EUC / MEI success to that- which you seem to elude to, I think you put way too much credit in this forum.

MEI is at about $38m MC fully diluted today, and SP was "gangbusters" because BMR has examples of over 10% grade cobalt / MEI has samples of those grades as well. And they are right next to each other. (Don't forget midrim too)

EUC channel samples and sulphides have 5%+ cobalt grades + waste dumps so far. (Don't forget the fantastic nickel present as well).

If you want to talk about overvalued market cap, look at the Australian cobalt plays with sub .2% grade cobalt and the need for massive capex in order to mine and process - trading at multiple 100's of millions. EUC and MEI economics are multiple factors better. EUC - $200m mc and MEI - $38m mc. Nah I think they are priced well at the moment. Especially considering the massive upside.

Expand

Pullback from yesterdays surge happening today. Drill results will see it push well past the 30c mark when we get them.

Until then, expect some bouncing up and down on this I think.

EUC Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $11.65M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$110	11.64K

Buyers (Bids)

No.	Vol.	Price($)
24	4230073	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	345000	4

View Market Depth

No.	Vol.	Price($)
23	4130073	0.009
15	5094374	0.008
7	1650713	0.007
2	310000	0.006
5	1882000	0.005

Price($)	Vol.	No.
0.010	345000	4
0.011	1218133	6
0.012	616750	2
0.013	820383	3
0.014	231818	2

Last trade - 16.10pm 16/07/2024 (20 minute delay)

ASO (ASX) Chart