AUC 1.27% 40.0¢ ausgold limited

Ann: Appointment of Non Executive Director and Appendix 3X, page-47

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    It's purely a $ transactional settlement for the properties which we are never going to be able to raise to settle. Just doesn't really work with the placement limits we have. It'd be best that the valuation be settled with whoever we're sold to, e.g. RMS pays for it as part of the TO

    they need to stop kidding themselves and shareholders. We're not mine builders and will never be nor do we want to be. We're no longer an exploration story either. We're purely an exit strategy play.

    Go opportunity for some of these junior miners to use their inflated share prices to do an all scrip TO.
 
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