Aurum Mining - Exciting Times Ahead

Been looking at this for the last few weeks and decided to buy, to me this looks highly undervalued, i know that sounds like im stating the obvious but i see striking similarities between this and Avocet mining (i know that they have struggled recently but that is company specific), between 3 - 4 years ago they had a very small mkt cap trading around the 15 - 18p level, at that point they had no income but there first mine was due to come into production in around a years time and that was when the market started to sit up and notice them, in the space of 3 years they now have a number of mines funded by the first one and reached a peak of over £2.50.

I feel AUR are now at the same starting blocks and once that finance package is in place this could really start to move higher.