ATN 0.00% 0.2¢ ashburton minerals limited

exhibiting signs of a bottom, page-13

  1. 412 Posts.
    To buy into ATN now imo is mad gambling. Fundumentally, the 0.38% Cu result is very bad. This is a cut-off grade. Totally uneconomical. URL has been sitting on a 92MT 0.68% Cu reserve for years and couldn't do anything with it. 0.38% is a waste of drilling money. Unless they come up with some better results soon, the sp is going below 2c imo. ATN is now in a worse state then 1 month ago. Then noone knew what's in the ground. Now we know, and what we know is not good.
 
watchlist Created with Sketch. Add ATN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.