There's enough gloom on this forum to trigger some buying from...

  1. 817 Posts.
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    There's enough gloom on this forum to trigger some buying from me.The shareprice has had to suffer an unprecedented amount of negative sentiment mainly from non- holders.

    I believe this company would be worth more as an explorer.

    The considerable gold endowment is what really interests me as a long term investor.
    I have taken a calculated risk that operations are improving in all areas.At worst one could use the long ramp up as a trial mining excercise.I have kept some money back in case we need to upgrade & increase the efficiency of the gold plant.

    Just for interest the average price paid for gold mining co. mergers in 2009 was $34 for resources.

    AAM------1400000 resource oz's x $34=$47600000

    Mkt cap $20,000000---tad undervalued you might say.

    Also holding RSG-RRL-IGR-NAV-GDO-MSR

    All in my opinion--please do your own research

    Cham
 
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(20min delay)
Last
3.5¢
Change
-0.002(5.41%)
Mkt cap ! $21.21M
Open High Low Value Volume
3.7¢ 3.7¢ 3.4¢ $4.315K 123.3K

Buyers (Bids)

No. Vol. Price($)
1 18000 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 25000 1
View Market Depth
Last trade - 15.34pm 31/07/2025 (20 minute delay) ?
AAM (ASX) Chart
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