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3.9¢ ausgold limited

thanks for the replies I hope you are right re financing.I...

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unlucky_bacs

6,159 Posts.

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31/03/24

10:35

Post #: 73128437
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Originally posted by coto: ↑

This is very true, but the fact no mining lease is granted yet and the main property purchase is yet to be completed actually protects us from the vultures for now. The moment both those are sorted it is game on! However until then, the risk is too high for most managements of mid to large cap resource companies to accept. Shareholders will not be a fan of spending hundreds of millions buying out a company without a mining lease or no guarantee of digging up the land.

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thanks for the replies I hope you are right re financing.
I haven’t heard anything on the main property front so if we can’t purchase that then what?
would think that’s the most important now seeing the gold price and the property price the seller is laughing ?

AUC Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.9¢		Change 0.007(21.9%)		Mkt cap ! $89.55M

Open	High	Low	Value	Volume
3.6¢	4.1¢	3.5¢	$632.7K	16.62M

Buyers (Bids)

No.	Vol.	Price($)
1	28430	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	2565324	7

View Market Depth

No.	Vol.	Price($)
1	28430	0.039
1	49965	0.038
5	1175962	0.037
3	460000	0.036
7	792713	0.035

Price($)	Vol.	No.
0.040	2565324	7
0.041	654319	6
0.042	730782	6
0.043	312663	3
0.044	18181	1

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 3.8¢			Change 0.007 ( 16.9 %)
Open	High		Low	Volume
3.6¢	4.2¢		3.5¢	11563483
Last updated 15.59pm 07/06/2024 ?

AUC (ASX) Chart