Reason ......At $1650.00 for break even the gold price only has to stumble back a bit and suddenly things won't be looking so good .
In a 3 year period previously gold went from about US$1800.00 ( AU$2650.00 by todays rate) in 2013 to a low of US$1050 ( AU$1550.00 by todays rate) in 2016 . If it does that again AUL won't even bother to start a truck.
Ann: AuStar Gold enters agreement to acquire Centennial Mining, page-9
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