What about AEMC ?

Pre-revenue mining/exploration company.

I call these companies scratch-off tickets. You'll win on the rare one, break even on some, and lose on most.

I will be the first to admit I know very little about these companies and never really care too much to dig into them because 99% of them end up going broke or providing very poor returns for shareholders.

There is a large degree of speculation based on assets they've acquired/potential mining capabilities on the properties they currently own. Even with the most in-depth expansive research you can do, simple things can go very wrong and you can end up broke.

The one thing I will say, is invest in this company with a very small allocation of your portfolio if you're going to buy it, and mentally prepare yourself to lose all your invested cash.