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2.8¢ austral gold limited

thanks for providing that boots on the ground information...

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150 Posts.

23

01/06/21

21:48

Post #: 53576864
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Originally posted by edshann: ↑

I attended the Sydney AGM. The only non-Director shareholder to do so. They want to prove up 5 years reserves/resources at Casposo before reopening. The main thing about the dividend target is that they are aiming at regular payments which was unclear previously. I assume the 3% target relates to the current share price, so a conservative 0.5 cps pa. They have ramped up exploration spending and that limits dividends. The main news is the ramping up of exploration, with the aim of expanding production at Guanaco and reopening Casposo, if enough reserves can be found. We have the cash flow, we must now hope the exploration results confirm the ambitions. Shares are cheap and mine is well placed on the cost curve.

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thanks for providing that boots on the ground information edshann!

AGD Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.8¢		Change -0.002(6.67%)		Mkt cap ! $17.14M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.8¢	$5.88K	210K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	13603	1

View Market Depth

No.	Vol.	Price($)
1	20000	0.027
2	423061	0.026
1	6569	0.024
1	30000	0.021
3	465251	0.020

Price($)	Vol.	No.
0.029	13603	1
0.035	80000	1
0.036	237471	2
0.041	48804	1
0.042	100000	1

Last trade - 14.50pm 07/05/2024 (20 minute delay)

AGD (ASX) Chart

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