AKA 0.00% 8.8¢ australia minerals and mining group ltd

re: Ann: Participation in the Bauxite & Alumi... I think people...

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  1. 12,525 Posts.
    re: Ann: Participation in the Bauxite & Alumi... I think people have just thrown this stock out with all the other coal and iron ore juniors, perhaps not aware a lot of future upside could come from the alumina business.

    I could justify their $10 million m/c on landholding alone; add the alumina tech and the $5 million cash and it looks undervalued.

    Held a lot of the options that were looking good before the slide in coal and fe prices, that has cost me a few grand but I think I'll make that back buying the heads at 8-10c.
 
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