AUC 6.45% 58.0¢ ausgold limited

Ann: Ausgold raises $38M to accelerate development of the KGP, page-42

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  1. 12,315 Posts.
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    Yes I would! If the instos are holding long to see us into mining then it shouldn’t change the situation too much. If they decide to sell then it’s a problem but right now, nothing has changed. There is now more money in the bank and we are guaranteed to get property purchases done now, and will be fine until mining construction/major funding. If the rest of the market now thinks this is de-risked like I do, then they should buy up. Share price should therefore advance! Very undervalued Imo.
 
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