I've been looking at AUK for some time.
I know a few here dont like the grades but i'm doing a comparison with Robust Res. and simply cannot see why AUK is not trading at multiples of current sp.
ROL has a 33Mt @ .5 g/t Au and 17.7 g/t Ag. ROL has 80m shares for a mkt cap of $105m
Now i'm going to have a guess at AUK resource. I'm suggesting that AUK will come out with around 50Mt , around .9g/t Au and around .2% Cu. I believe that is an economic resource.
Its a guess and i'd appreciate others' assessments.
AUK does not need immediate cash and i would imagine they are hoping for an sp boost on the release of the resource (may? June?) before they raise more funds.
ROL has 77.5% of its resourse at Romang. AUK will have 80% of Wonogiri.
The recent sp fall has been on very small volume so i'm not convinced that recent sellers know anything.
I believe AUK is at a bargain price atm.
anyone like to comment?
- Forums
- ASX - By Stock
- AUK
- comparison with rol
comparison with rol
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUK (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $13.49M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $13.00K | 1.825M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2433247 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 8716155 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2433247 | 0.007 |
17 | 9934495 | 0.006 |
26 | 29236274 | 0.005 |
5 | 1798750 | 0.004 |
6 | 7333435 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 8716155 | 12 |
0.009 | 19594651 | 13 |
0.010 | 5927065 | 10 |
0.011 | 6677471 | 7 |
0.012 | 5010000 | 4 |
Last trade - 13.31pm 07/10/2024 (20 minute delay) ? |
Featured News
AUK (ASX) Chart |