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3.5¢ ausgold limited

but then what?DFS done and dusted at plus 4m oz incl ultra high...

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821 Posts.

131

15/05/24

21:43

Post #: 73845231
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Originally posted by Riv: ↑

Still a deal done in desperation and banks won’t lend on the farms unless they are operating I’d say and if they would then why did they need to extend settlement?

They are 6 weeks away from being cum raise again and they will need $10m just to cover loan and farms so add minimum working cap of $5m they will be raising $15m in July/August

hopefully DFS is all good, but then what, they will need $100m in equity and mkt cap can’t take that type of a raise

very disappointing to say the least

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but then what?
DFS done and dusted at plus 4m oz incl ultra high grades from Stanley.
Could well be SOLD circa 20c a share!

AUC Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

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(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $80.36M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	285833	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	550616	3

View Market Depth

No.	Vol.	Price($)
2	285833	0.036
8	494714	0.035
4	163851	0.034
3	180915	0.033
5	472876	0.032

Price($)	Vol.	No.
0.032	550616	3
0.033	201886	2
0.034	238491	4
0.035	820000	2
0.036	26545	1

Last trade - 16.12pm 04/06/2024 (20 minute delay)

AUC (ASX) Chart

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