Understanding AYR, page-2

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Scampercat

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19/04/18

11:51

Post #: 32553505
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Originally posted by econteacher ↑

AYR junkies,

I'm interested in investing long term in AYR because of the nearlology to COB and HAV and the potential upside from Cobalt in general in the next few years. The share price is cheap because of how speculative the whole thing is so i am aware of the risks but perhaps you could help answer a few of my questions below.

A couple of things have me hesitating in terms of pulling the trigger and making a decent purchase include.

1) the main focus seems to be on the Horse Well gold project as opposed to the Ophara in the near term. Therefore perhaps Ophara will end up not really getting the focus (i.e. money) it should in terms of trying to get something to market in the next few years.
2) Ophara grades of Cobalt seem to be inferior (I heard the MD quote between 0.1 to 0.15% in a presentation that is on their website - these are below the levels of their neighbors if i understand correctly). It seems like their exploration has been very immature at this stage so perhaps these numbers are more a symptom of not really developing a detailed understanding of the asset that they are sitting on.

If you were keen on investing based on the cobalt story is there enough potential upside here or would my money be better placed investing in something more directly associated with Cobalt?

Thanks!

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Actually, thank you for asking that question. I have invested a bit in this company, but also am driven mainly by the cobalt story, and have had similar queries in my mind. I would be very interested in hearing any responses and points of view relating to this question as well, and trying to better determine the accurate short and mid term focus and intentions of this company.

AYR Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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Last 9.3¢		Change 0.000(0.00%)		Mkt cap ! $203.6M

Open	High	Low	Value	Volume
9.3¢	9.6¢	9.2¢	$23.31K	247.8K

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Price($)	Vol.	No.
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No.	Vol.	Price($)
2	13032	0.093
4	620909	0.092
1	19635	0.091
4	248094	0.090
2	70089	0.089

Price($)	Vol.	No.
0.094	30026	2
0.095	26190	2
0.096	22169	1
0.097	26212	1
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Understanding AYR, page-2

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Understanding AYR, page-2

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