AUC 5.41% 3.5¢ ausgold limited

Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-425

  1. 242 Posts.
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    LOL, well I don't know anything about that. However, I'm looking seriously at this company - just scratching my head about the constant selling and ridiculously low SP.

    I must say, if after land ownership (costing approx. 8 Mil?), positive DFS (and it should be real positive IMO) and a favourable result from the court proceedings (hopefully), I'd be shocked this didn't re-rate. If it didn't then somethings seriously wrong here.

    The current situation re: the SP just going down or going nowhere is, like I said before, a bit perplexing with gold near ATH's.

    When AUC's trend starts to change I will probably jump onboard. 3Moz and more on the way is nothing to sneeze at + as I understand, it's all open cut.
 
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