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7.32% 3.8¢ ausgold limited

Ann: Ausgold raises $38M to accelerate development of the KGP, page-84

  1. coto
    11,383 Posts.
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    10/06/24
    00:56
    Post #: 74240348
    Totally agree, but the DFS will likely still arrive in the next 4-6 weeks, drilling will take place during the next couple of months before wet season, we will then get a decent resource upgrade imo, or at minimum some nice satellite deposits which can be added to the future KGP production circuit. To suit financiers requirements before construction kicks off, AUC management will probably complete a BFS to update the DFS.
    AUC Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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