$AUMAS (0098.MY)$ TAWAU: The wealth of mineral resources in Sabah, including gold, copper, iron ore, and coal, holds great potential to boost the state's economy.
However, it is understood that constraints such as lengthy licensing processes and the lack of guaranteed mining licenses are among the main factors causing investors to remain cautious about venturing into the industry.
The founder of a mining company in Tawau, Datuk Lo Fui Ming, said that although Sabah has been identified to have more than 34 mineral-rich areas, not many companies...
However, it is understood that constraints such as lengthy licensing processes and the lack of guaranteed mining licenses are among the main factors causing investors to remain cautious about venturing into the industry.
The founder of a mining company in Tawau, Datuk Lo Fui Ming, said that although Sabah has been identified to have more than 34 mineral-rich areas, not many companies...
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$AUMAS (0098.MY)$ 0.610 is not a bottom yet for Aumas.
Since price rejected the 4th wave which is at 0.645, high probability we can witness a drop to 0.525-0.465 -23% drop
Not a financial advice, please do your own research.
Since price rejected the 4th wave which is at 0.645, high probability we can witness a drop to 0.525-0.465 -23% drop
Not a financial advice, please do your own research.
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$AUMAS (0098.MY)$ Who is suppressing that stock price? Doesn't he want to make more money as gold goes crazy and rises to 5,500 USD?
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$AUMAS (0098.MY)$ Will there be a circuit breaker at tomorrow's market opening? 🫣
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$AUMAS (0098.MY)$ Why can't the stock price rise when gold prices are high? Who is suppressing the stock price?
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$AUMAS (0098.MY)$
The Board of Directors of AuMAS wishes to inform that the Company wishes to announce the following additional information:
1. Impact of Sub Lease Agreement Termination
At the date of this response, there is no court order terminating the Sub-Lease Agreement. The Sub-Lease Agreement remains valid and enforceable, and WRSB continues its mining operations in the ordinary course.
If the Court were to grant an order terminating the Sub-Lease Agreement, the operational imp...
The Board of Directors of AuMAS wishes to inform that the Company wishes to announce the following additional information:
1. Impact of Sub Lease Agreement Termination
At the date of this response, there is no court order terminating the Sub-Lease Agreement. The Sub-Lease Agreement remains valid and enforceable, and WRSB continues its mining operations in the ordinary course.
If the Court were to grant an order terminating the Sub-Lease Agreement, the operational imp...
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