AML 0.00% 0.5¢ aeon metals limited.

At these prices it's fantastic value, if I had more money I...

  1. 1,104 Posts.
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    At these prices it's fantastic value, if I had more money I would be accumulating too, but bought a bit more in Feb at excellent value already.

    I do watch the day to day price, but am a long term holder here. In my view AML can only go up from here unless something seriously left field happens.

    At the present there is a qualification on that, many of the cobalts on ASX had a huge run up into Nov & Dec last year, many had a secondary high in Jan 18 and many have been correcting ever since (however this correction since Jan has been felt almost across the board in the materials sector - not just cobalts). Couple that with the correction in the DOW since late Jan, however my take is that the correction in the DOW while it may not have hit its lows yet won't be a lot deeper than where it is now.

    The materials sector as a whole may take a while to rediscover last years exuberance, but I have a feeling that good cobalts could be in for a run again soonish. And good Cu & Ni miners will have their day. Time will tell.
 
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