RE:Nothing to see here....My view is that the AOT stock price at $0.70 is way underpriced, given the miner's fundamentals. I bought back in a few days ago when the stock price was $0.71, just a tiny amount. But today I will buy more, brining my position to about 1% of my portfolio.
My broker's research department came out with a positive review of the latest announcements yesterday. Reading the May 2024 presentation, the fundamentals are sound. I notice on page 7 that Newmont owns the other two mills in Ascot's area, and has bought up other small mines in the area. From this I gather Newmont will buy up Ascot once production is up and running. I predict that the buyout price will be around $1, the same price as my broker's forecasted price.
This is JMHO. Don't flame me too much since this is my first post ever on Stockhouse.