AOA 0.00% 0.2¢ ausmon resources limited

My first buy was 2016, I sold some in the 2018 spike and have...

  1. 3,390 Posts.
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    My first buy was 2016, I sold some in the 2018 spike and have been loading again on the way down since then. I had a buy order in at 0.004c but it expired today. I haven't added any below 0.006c. If I put a new buy order in it will be at 0.005c but I'm waiting to see what happens with E2E at the moment. The woes of not having enough capital to spread far enough.

    I agree that the SP will bounce back to 0.006 - 0.007c come January.

    It's just frustrating because management is really doing nothing at the moment to give new investors confidence to choose AOA above other specs at this level despite the potential of the permits.

    It does seem to me that they are holding off on drilling and waiting for cobalt to go up. Or are they not drilling to save money for something else we are not aware of yet? New Acquisition? Who knows. Just not much happening.

    Happy to hold for another 12 months through to 2020 and see what happens, I'm just bored and impatient which usually leads to silly decisions.

    PD
    Last edited by PinkDiamonds: 29/11/18
 
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