don't know what your average price is, I am only new to this
but the rights issue is 0.001 and current price is 0.006, so even if it was sold down from here you would still be well in the money.
I have had offers in others lately but haven't taken them up cause offer price is near current price.
I have spoken to the company a few times and they wont say much, fair enough
They say costs are very low, but need to soet out this smelter, either produce or sell, I would guess with commodity prices improving the smelter becomes more valuable, so sell it now or wait till prices increase more and it is more viable.
They also need to use the money raised for a new project, let it wither away and the dilution is worthless.
There is no real dilution by the way if all take up the offer.
So best to sell the smelter and use that money and raised money to buy into a good project and it might be good, small market cap could become multiples.
waste the money and it is virtually a shell.
AAF Price at posting:
60.0¢ Sentiment: None Disclosure: Held
