AUC 2.94% 3.3¢ ausgold limited

Ann: Settlement of $3M Loan Notes and Issue of Warrants, page-21

  1. 11,252 Posts.
    lightbulb Created with Sketch. 4649
    Yeah, added one extra 0! haha my bad! AUD gold price around $3550aud/oz. 3.05Moz x $3550 = approx. $10.83 billion AUD. That is at minimum! KGP region with satellites etc will end up being around 5/6Moz once it is adequately drilled with more money for exploration, plus I expect much higher gold prices with the way this world is heading. So KGP will likely be worth $20-30bil at some stage in the next few years IMO!

    Either way, a lot higher than the $88 million market cap we have currently!
    Last edited by coto: 28/05/24
 
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