Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-659

To back up Baltas post and Dundees CEO statement on Capricorn statement, here is a chart of CMM’s last 5 years.

Taking into account AUC has approximately five times more shares on issue by my calculations, if AUC went to full Mining, without accounting for the prime position AUC has and the bigger resource, and without allowing for future growth of the resource, which has much more potential, it would reflect a share price of about 90c + in a similar scenario.

Sadly, I can’t see AUC getting to that stage, I am confident once a few more boxes are ticked this will be a prime takeover prospect for a larger player, VERY PRIME!