AUC 7.32% 3.8¢ ausgold limited

Ann: Drilling Commences Targeting High-Grade Gold Potential, page-57

  1. 27 Posts.
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    Patient new holder here, keen to explore (speculate) some realistic catalyst's for a sustainable hike in the SP, while i am sure the metrics calced on todays POG will increase short term share demand, i am not sure the DFS alone is going to signal the 're rate' being referred to. After being involved in a couple of recent gold explorer to developer success stories i will play devils advocate here but i would suggest a share consolidation in the transition from explorer/near term to developer/producer is necessary given our circa 2 billion shares on offer. Many years of pip trading on high volume doesn't help in building a stable investor base.

    Bring on the big players, mums and dads et al! Obviously if the we are presented with the opportunity for an early sale then this will not apply to us.

    For the record i personally would rather see it go to development with AUC but in today's climate that is becoming increasingly unlikely.

    Quietly confident in the drill bit finding some more goodies to add to the story, surely cant hurt!

    CMM DFS release & share Consolidation 2017


    https://hotcopper.com.au/data/attachments/6201/6201975-f65fc37ae25def5a4860c5ad8dec451f.jpg

    EMR DFS release & Share consolidation
    https://hotcopper.com.au/data/attachments/6201/6201979-f23ce8bbd4d934cf9451bd74cb6f4409.jpg




 
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