Probably more than the market is ascribing considering
1) it's potentially on a splay fault that links RandGold's 4.3Moz Tongon Gold Mine and
2) the area has just recently been described by Randgold's Mark Bristow as a "go to greenfield exploration destination" and "a world-class destination which we believe it is."
Not many in the market following what's happen in Cote D'Ivoire at the moment. RandGold, Endeavour , Newcrest, Perseus are all sniffing around. It's one of the last frontiers in West Africa. AOP is one of only a few junior early movers who have recognised the raw potential.
Soil anomalies can turn into mines and AOP have a few to explore, plus they have the in country operating experience and money to do the early stage drilling.Esh
AOP Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held