E 52/2438 - AUR's Doolgunna tenement, page-98

all imo

old holders, should be greedy then and buy more on market, up to where most options trade.

there has been very little biting on the fishing line so far.

just seems that they got theirs at lows 0.2 + 0.2 = 0.4 combined OA + OB
yet OA may expire , bringing cost to OB at 0.4

and arent prepared to increase their position.

on a success case, do you want a 2 bagger from heads or a 10 bagger from ops?
(at 12c)

seems old holders dont believe in a success case, more than a minimal entry.
And a read of these threads gives insight to where old management were stuck in a crawl.

Hence it requires fresh direction - new management are in, to bring new crowds on project focus. eg recent acquisition.

those crowds who didnt get at 0.2 come 0.4/ and see leverage to upside.

The old holders are lethargic to the opportunity in front of them, and sitting only on their original allocations.

if management present this to a breath of fresh investors, with a wiff of success at any of their focus projects, how long do you think AUROB will last at 20-1 LVR?