AUC 3.13% 3.1¢ ausgold limited

Ann: Corporate Presentation April 2022, page-21

  1. 11,555 Posts.
    lightbulb Created with Sketch. 4760
    yes I definitely understand your perspective! Everyone is at their own stage of life with their own plans and would take the cash at different stages. For me, I am a long term hold and have been in for more than 4 years now buying below 1c. I am only in my early 30s so I can wait 10-20 years to see some real value in the share price (and hopefully dividends). I can understand other holders are much older and would like the cash within the next few years. Having said that, every ongoing drill program/study/permits/environmentals etc as you say is all adding value to the stock - so you would hope the share price would continue to gain momentum on the back of these catalysts. But we also need good gold sentiment in the market too. Which looks like it will be the case for the next 5-10 years.
    Last edited by coto: 07/04/22
 
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