AUC 1.98% 51.5¢ ausgold limited

Ann: Ausgold moves to a Larger 5Mtpa Gold Operation at KGP, page-13

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  1. 12,029 Posts.
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    Hey@Silvgolcoholic, I agree, the recent exploration results (past 6-12 months have been underwhelming IMHO).

    Super spike could still come, who knows.

    @Hingdog - CMM do a masterful job of mining a 1g/t ore body, but... the pit is a textbook example of what an open pit should look like. Fair enough about grade, but.... the higher the better.
    The drilling results and the sub 90% recovery rate they forecast concern me, but... just an opinion on a chat forum.

    Here's a questoin, why did the likes of RMS spend close to $250m on AOP and BRB, which will produce less gold than AUC plan to...

    It's interesting to watch AUC as it progresses.
 
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