AIM 4.65% 82.0¢ ai-media technologies limited

the story isnt over

  1. 2ic
    1,317 Posts.
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    Tough lesson this one, however all is not lost.

    If this was an exploration company with a few early hits at Peroka cashed up with $15M in the bank and a couple of other plays in Ni-Pt and Cu-Au then it would be trading above 3c even in this market. The story would be buy now for large, high grade Zn deposit which will be finished due diligence etc and ready to go in 3 years when Zn takes off again into world recovery. It is a long term hold asset now as hedge against zinc price rise. Asset is not worthless but will not trade much higher until zinc price rises.

    Sorry for holders that need the cash but if not it may run in a couple of years so perhaps hang on.

    goodluck
 
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