AUK 0.00% 0.6¢ aumake limited.

Think the sale of the 60M shares has people thinking.The first...

  1. 1,955 Posts.
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    Think the sale of the 60M shares has people thinking.
    The first 30M for 3-ish cents is a massive gift to
    Seckold. But the second 30M at a strike price of 8c after 1 year is interesting. Indicates they think the SP will be at least that.
    Personally I think if Lightning hits any sort of decent
    intersections then we are talking multiple of 8c and I dont really understand why Ichiya would want to bail
    before all the fun starts.
    Maybe mining is just too a different a business for them.
    Seckold also seems to be a major go-getter so he may push this forward in a big way.
    Still researching him, his companies, and his dealings with the Opes Prime disaster (he got out before the S hit the F).
 
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