AUC 5.71% 3.7¢ ausgold limited

Good place to start is to look at the Scoping Study from 1st...

  1. 252 Posts.
    lightbulb Created with Sketch. 55
    Good place to start is to look at the Scoping Study from 1st November 2019 (https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02168320-6A953468?access_token=83ff96335c2d45a094df02a206a39ff4). Take this with a grain of salt as there has been significant drilling since (upgraded MRE), newly estimated pit shells (completely different AISC etc), higher POG, etc.

    A Scoping Study is a low level / lower confidence study than a PFS / DFS etc.

    The PFS will take into account cost of Power / Water supply / Labour / Construction / Metallurgy (recoveries) / Process style / Mining contractor costs, etc.

    As to your next post, they most certainly will not need anywhere near the range of $3 billion dollars. The scoping study called for initial CAPEX of $102.5 MILLION to build a 1.25Mt/pa plant.

    Remember the Katanning Gold Project sits on already granted mining leases.
 
watchlist Created with Sketch. Add AUC (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.002(5.71%)
Mkt cap ! $102.1M
Open High Low Value Volume
3.6¢ 3.9¢ 3.6¢ $199.1K 5.404M

Buyers (Bids)

No. Vol. Price($)
1 13888 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 699087 2
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
AUC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.