AUC 0.00% 3.4¢ ausgold limited

Ann: Corporate Presentation April 2022, page-80

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    The bigger boys like for a resource to be fully proved up to their digestion capacity before they jump. Then they quickly model up pit optimisation etc and do extensive drilling afterwards to test depth and ore bodies still open beyond the pit(s) parameters. That's got to match up with their individual production profile and mine succession plans.
    Still some dirt to be scratched and drilled here which I like as it lets the share price percolate upwards before the risk averse producers get serious.
    I don't want this little gem to be swallowed too early. Nice profits for all us retail longs is the goal !
 
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