What could be better than the MMN example? (you do know that MMN was AYN, don't you?). History repeating itself.
AWD are looking at $25m via the BVI, CDU are getting $100m from the Chinese, that's it from my watchlist.
But, re-read the announcement, and then Google the mine, and see if you can tie in the phrase "we are well placed to add a second world class precious metals project to our portfolio" with what even the previous owners say about it.
How much will it cost AYN to introduce modern and established mining and processing techniques in order to mechanise ore production? (Hint: they'll have to abandon the buckets). Then, what do they do with the ore?
AYN Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held