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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AAM
aumega metals ltd
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3.5¢

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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($) | Vol. | No. |
---|---|---|
3.6¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18000 | 0.035 |
1 | 50000 | 0.034 |
2 | 90000 | 0.032 |
1 | 24998 | 0.031 |
5 | 450033 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 25000 | 1 |
0.037 | 65576 | 1 |
0.038 | 70266 | 1 |
0.040 | 42368 | 2 |
0.041 | 30000 | 1 |
Last trade - 15.34pm 31/07/2025 (20 minute delay) ? |
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AAM (ASX) Chart |