AuMiner, you wrote 'The sorry story of the company and the mine is ALL due to previous MD. Poorly planned and Poorly executed pure and simple.'
Would it be worth adding 'poorly compiled JORC resource/reserve?'
Things dont add up and i reckon management (past and current) might know something about this, hence resource reviews taking place... Talking to their new geo would be my suggestion - maybe you'll get an indication of how their resource review is going...
my query i've sent to A1 states:
Beta reserves were 4.1g/t for 43,780ozs
total milling since March 2010 - 223.6kt
total gold produced in that time - 10,129ozs
recoveries of say ave ~92%
leaves us with contained g/t of ave ~1.53
questions i have not received answers for:
- where are the remaining +33k ozs from the reserve?
- why move onto Alpha so fast when there is so much high quality reserve remaining at Beta?
- what about the resource at Beta? is that economic?
There's no ramping there, just A1 supplied statistical facts.... If im wrong somewhere, please let me know.
btw, gday troyus! long time no post :)
cheers
Split
- Forums
- ASX - By Stock
- why $14m for the lot is no bargain
AAM
aumega metals ltd
Add to My Watchlist
8.82%
!
3.7¢

AuMiner, you wrote 'The sorry story of the company and the mine...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $22.42M |
Open | High | Low | Value | Volume |
3.6¢ | 3.8¢ | 3.5¢ | $18.09K | 496.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 65842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29 | 0.034 |
2 | 152033 | 0.033 |
2 | 90000 | 0.032 |
1 | 24998 | 0.031 |
6 | 480033 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 65842 | 1 |
0.038 | 70266 | 1 |
0.040 | 22368 | 1 |
0.041 | 30000 | 1 |
0.042 | 239824 | 4 |
Last trade - 15.55pm 30/07/2025 (20 minute delay) ? |
Featured News
AAM (ASX) Chart |