Like every other share holder I am disappointed with where the share price is.
So you now have the usual 3 choices, buy ,sell or hold.
The recent announcement of revenues only reaching 6M a month in 1Q14 is significantly below expectations being only around 70% of their original plan.
At 6m a month revenues are enough to meet expenses and pay off their loans over the 2 years but not much more. Also cash generated in years 3 to 6 would be enough to justify the current share price.
So the downside is
1.They are unable to meet the revised forecasts.
2. In the short term unhappy investors selling out
3. Gold falls dramatically pushing all gold shares down
Their is still plenty of upside that can come from
1. Exploration
2. JV's leveraging off the Albion IP
3. Obtaining follow on feed to extend the life of Las Lagunas past the remaining 6 years
4. Beating the recently released forecasts.
Unfortunately this one goes in the bottom drawer for all the wrong reasons.
- Forums
- ASX - By Stock
- share price
Like every other share holder I am disappointed with where the...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.567M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $91.86K | 24.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
84 | 88047251 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 46258489 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
78 | 80045586 | 0.003 |
52 | 68515069 | 0.002 |
14 | 68679950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 46158490 | 33 |
0.005 | 20398551 | 14 |
0.006 | 7527660 | 7 |
0.007 | 2722584 | 4 |
0.008 | 4725000 | 5 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
AAU (ASX) Chart |