Australia's largest stock trading and investment forum Australia's #1 stock forum

AUC

Click for more information

0.00%

3.5¢ ausgold limited

on paper it all sounds goodreality is no news flow has killed...

First 134 Last

Share
Profile

Follow
unlucky_bacs

6,168 Posts.

100

15/02/24

13:35

Post #: 72423609
Share

Originally posted by binwood: ↑

A$55m MC here for a 3Moz deposit.

Reading between the lines from Matt's recent presentations I think they are going to get an Ag loan for the farms which should stop us doing big dilution down here. Goes on the EV but can easily be paid out over time.

At current spot prices the project has a A$750m NPV and 60% IRR based on the SS last year.

Since then they have added to the MRE, they have lifted grade from 0.96 to 1.06g/t and they should be able to increase reserves to 2Moz.

This means that LOM should be pushed out to 12+ years.

That means NPV should be more like A$800-900m

So even assuming a $10m loan we are trading at maybe 6-7.5% of NAV.

And people think we aren't even close to a bottom.

I am an idiot and probably go broke buying these shitcos but geez those kind of numbers don't say top to me

Expand

on paper it all sounds good

reality is no news flow has killed us. Lots of questions s need answers not just presenting . Get some damn news flow

AUC Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 542 more messages in this thread...

First 134 Last

Add AUC (ASX) to my watchlist

(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $96.67M

Open	High	Low	Value	Volume
3.5¢	3.6¢	3.4¢	$107.1K	3.061M

Buyers (Bids)

No.	Vol.	Price($)
5	1249712	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	907130	13

View Market Depth

No.	Vol.	Price($)
5	1252141	0.035
11	2516297	0.034
10	2149745	0.033
16	2279257	0.032
14	2174288	0.031

Price($)	Vol.	No.
0.036	907130	13
0.037	221852	1
0.038	250000	2
0.039	620871	2
0.040	1647566	7

Last trade - 13.34pm 18/06/2024 (20 minute delay)


Last 3.5¢			Change 0.000 ( 2.94 %)
Open	High		Low	Volume
3.5¢	3.6¢		3.5¢	1368993
Last updated 13.12pm 18/06/2024 ?

AUC (ASX) Chart

SPONSORED BY