AOH 0.00% 12.0¢ altona mining limited

valuation, page-27

  1. 6,313 Posts.
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    hooter,

    As for feeding E.H does anyone no how much NCU is in the Roseby ore ? I notice in some of the other AOH deposits they have seprated the NCU.

    There is no significant NCu in the copper-gold deposits which include Little Eva and Ivy Ann. Blackard, Scanlan and the other copper-only deposits are the ones with significant NCu.

    As for CDU vs AOH I agree with you, WM did a fantastic job at spruiking CDU. He even survived the disaster when he'd been talking up for years how Rocklands was the biggest, richest copper deposit in Australia if not the world, then released a very disappointing JORC that fell far short of what he'd been talking about and severely damaged his credibility.

    Despite that he turned the SP around and got Rocklands funded in a way that AOH could only dream of. CDU and AOH are pretty similar companies, CDU has (on paper) a slightly richer deposit but AOH has Finland, and if anything IMO AOH has the better assets - yet CDU has more than 6 times the market cap.

    ...Which is exactly why AOH is a buy IMO!
 
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