Ever been caught out after a great bargain buy and good spend up on other bargains banking on your next pay to find has been delayed a bit ($3-3.5m from Jeffries) along with the start of your next paying job ($14m Munda Starter Pit ) drifting out a couple of months,that you planned and TIMED to use the cash to pay for those bargains.
OOOPS -Simple as that - Called caught out by the timing of paydays.
Won't change the fact AURIC are due for half aka 50% for those that don't know what a half is,of their current market cap as PROFITS before Xmas if Gold stays around $5k.
Or for those of a simpler persuasion lets just call it $16-17m all-up with just the completion of MUNDA mining in September from the initial starter pit,once milled and sold.
For those with absolutely NO BRAIN 16.5c Now - by Christmas should see it backed with 8-10c a share in CASH value and a share in a PROVEN open pit mine,a second open pit mine ready to go and a mill site ready for rehab,plus lots of other valuable stuff,with more CASH PROFITS coming before 12 months is over.
DYOR + DYODD it really does pays dividends.Then again bargains are there because of others also being caught out by bad timing/circumstances.
AWJ Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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