AAF 3.85% 12.5¢ austral africa resources ltd

uranium play

  1. 7,314 Posts.
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    Those that are worried about the issued shares, have a look at another uranium play called PEN. They had a cap raising at 2.8 cents and it only briefly dipped under 2.8 before over doubling. Insiders obviously see value still at these prices so fair value must still be a while away. Its going to be an interesting ride, thank goodness Lindsay pulled his finger out and it doing something for once. Very pleased with the uranium direction the company has taken, Im very bullish on uranium and Africa (seeing as China has vested interests) so AAF finally has a sound looking future.
 
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Currently unlisted public company.

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