AAF 3.85% 12.5¢ austral africa resources ltd

there should be a boost on the rights issue announcement and if...

  1. 5,079 Posts.
    there should be a boost on the rights issue announcement and if the sp rises it will create more interest in the sp, a snowball effect,

    if we get news after that on the sale of the furnace and it frees up money for other projects it could be a goer,
    I was alerted to this stock in the first place not only to the rights issue but one of the projects was rumored to be uranium.

    at present a $3 mill stock so it would not take much for this to be a good gainer, the markets will rise from here, the start of a pretty strong bull market.

    if they got say $2mill for the furnace and $1 mill for the rights issue they have $3mill in cash
 
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