AUL 0.00% 28.5¢ austar gold limited

SP movement, page-6

  1. 555 Posts.
    lightbulb Created with Sketch. 44
    Blister - just to clarify your calcs. 80,000t per annum at 10g/t = 800,000g. This is equivalent to ~28,000 ounces.
    Therefore at 10g/t gold at full plant throughput we get 10c a share with a PE of 10. Personally I would aim for a share price around 5c - allowing for some further dilution and a market capitalisation of $100M.

    Nothing to sneeze about vs a current price of 0.7c!
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.