RE: Assessment of the deal with Rockover 227 Apr 2024 11:35
A very good write up SS, for some reason I feel we have taken a very big bite but can we properly masticate it, let alone digest it?
I am fearing AAU is a share, like most on AIM, will trade within a very narrow range for a very long time. We seem to give a lot away to move onto other projects, fingers crossed WTR-Kosovo & Venus pull through soon, but will the benefits of them be traded away to go somewhere else, again and again ad-finitum.
Ariana have become very successful and are becoming established but the trading away of value to achieve this has been detrimental to the SP. I am exercising patience here and I am a very long term holder, but not being rewarded with dividends!
In which case I want to hit a silly SP of 25p or dare I say 50p or more in my wildest dreams, but if we keep divesting away to pursue other projects, then the board are making these decisions in that what they are doing is not SP accretive and very risky.
One wonders why they have never took a look at Uranium?