AAM 5.77% 4.9¢ aumega metals ltd

near term sp catalysts

  1. 4,618 Posts.
    lightbulb Created with Sketch. 31
    Aside from reaching steady state production, which will be a relief to many SHs, I see the following announcements potentially coming out in near term to regain 25c + - for stalled cap raising.

    1. Resource/ reserve upgrade - particularly at Beta where much drilling has occurred

    2. Delineation of silver resource and its value - especially in terms of its capacity to reduce operational costs (gold refining costs)

    3. Further exploration success in and around beta. The turtle zone discovery was a consequence of sterilization drilling yet it would appear that high grade gold discovered there is potentially open at depth.

    I suspect that JW would be working towards an announcement sooner rather than later to re-ignite interest in the company.

    GC
 
watchlist Created with Sketch. Add AAM (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.003(5.77%)
Mkt cap ! $26.81M
Open High Low Value Volume
5.2¢ 5.2¢ 4.9¢ $35.15K 695.9K

Buyers (Bids)

No. Vol. Price($)
2 65510 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 29270 1
View Market Depth
Last trade - 11.22am 25/07/2024 (20 minute delay) ?
AAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.