AUC 3.85% 40.5¢ ausgold limited

Ann: Corporate Presentation April 2022, page-64

  1. 695 Posts.
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    at this stage if we get a resource of at approx 3.5oz over the next 12 to 18 months I’m expecting us to be a 500-600mill market cap company. This is why I have been in for 3 years, that’s approx 32 cents, if they don’t do another raise that is.
    I’m expecting the next resource upgrade at approx 2.25 mill oz. once it goes past 3 mill oz the big boys, newmont, Newcrest etc… will look with a scope to add to the resource. thats when the share price will start moving like DeGrey, Gold Road etc…. Did over the previous decade.
 
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