General Discussion, page-819

@Dingo59

SP is affected by
players in the market
sentiments
stock/company progress /its ceo n boards/staff - its fundamentals
macro and mircro environment.

Retail investors like you and me are buying without doing months and months of analysis like a fund manager would have done.
A fund manager would have evaluated the stock for its potential profit andthen discounted it back into todays sp.

one funny quote i keep hearing is " every time a share sells someone hasbought it"- HOW DO YOU KNOW - they bought in at the right price. Only time will tell. But I have seen many times when buyers bought in on a falling knife(SP) and SP keeps dropping.

There is one muppet on here that chases after stock that have dropped 80% ofits value and buy in. He believe that it cannot drop any more and should go upand that his theory and way to make money.

Do you know the integrity of the ceo and board - and their will power to makethings happen? If they good - thats a win for ARU.

i bought in too early after the initial drop and now down 50%

I base my buying and sp on the progress of the company.

It has or nearly has all of the debt funding to start building the facilitiesand mines. That really good - as the credit becomes harder to get - alotof smaller mines will not be able to get started.

Construction has alot of risk - being over budget, on time, actualconstruction, staffing etc....
Currently with a MC of 646m - is that too much for something that has notstart construction yet. ARU is project to be in production 2026 - is thatcorrect - that 3 years away - that a long time. Yes - other mines mayhave a larger MC and still not close to production - but maybe the marketsentiment is more positive than ARU.

So the SP will need to factor all those risk.
I think it may drop to 28c if it has broken the 32c. That just based on sentiment of the market......but you can see the sp is not dropping that fast, but still dropping. Now you know that at its highest sp- it was all hyped.

If Gina decides to buy more - that will stop the drop and provide support to the sp. She sitting on a 16% loss if she paid .37c - still better than me.

The photo below shows the current progress of ARU. HOpefully in a year time - this photo will have alot more buildings/mine/ car/ trucks and busier looking.