AUC 1.12% 45.0¢ ausgold limited

Euroz valuation, page-12

  1. 177 Posts.
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    NSR was saying at Diggers that they are expecting/hedging the gold price to be around $4500AUD/oz within the next couple of years. Last year was very critical minerals focused this year the whole story was about gold. Part of the reason we're seeing previously unviable and abandoned projects waking up is because of that assumption.

    AUC is neither of those and the resource is coming out of the ground one way or another. Patience.
 
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