AUC 5.56% 3.4¢ ausgold limited

Yes I agree and management have been brought in for stage 4 on...

  1. 1,359 Posts.
    lightbulb Created with Sketch. 1830
    Yes I agree and management have been brought in for stage 4 on the Lassonde curve.... AUC are currently rising out of stage 3.

    https://hotcopper.com.au/data/attachments/6193/6193585-11497c98268ff713622ecbdcab3a4557.jpg

    This is the danger zone confused.png.... for those looking for an 'early' exit imo.... potential huge gain possible from here.

    Also agree with the drilling.... any discovery is only 40 min trucking distance and still ads potential high value.

    Changing from an explorer to a developer requires different management skills.... that's what the new board is for.... a good and very necessary process.
    Positive cash flow businesses will soon be in demand.... and gold will continue to rise.

    From a 'new' investors point of view I see this as a possible 12mth play for me.... if necessary.... and a MC of ~ 300 - 500M$ redface.png
    All the hard work.... ie the discovery.... has been done.... there is a 3M oz Au resource.... and growing.
    The DFS will be the proof for the market.... less risk again.... and the money will follow.

    It should be fun coto.
    Good luck all holders.cool.png

 
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