Ann: Extension of Voluntary Suspension, page-19

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trtkjd1

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13/08/19

11:34

Post #: 39973956
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Originally posted by mal230355: ↑

Gutumike, beg to differ about the reasons that less than positive posters post. Its not to rub holders nose in it but to balance out the opinions to those who drop by especially currently with goldies running. I mean even BLK is up well over 50%.
If there were no cautionary posts it would appear AUL is a screaming buy whereas, to any independent observer, its teetering on the brink.
So the supporters have stated the current situation as:
McNallys has grade and tonnage.
Soon to be a 4 mine operation.
A1 to be a big plus in providing more mill feed
And a few more I wont state.

The sceptical would counter:
McNallys likely to be mined out soon and still hasn't got AUL to a cash flow + situation.
4 mines! You have to be kidding, MS not currently sustainable. Shaft restricts mining operations. RoD yet to be proven as viable.
Dont even know if A1 ore is suitable for the AUL mill. CTL recently went broke operating it.
Personally I would rather see both sides and then go and do my own research.
If you prefer only the 'rose coloured' view its easy, just put all of the realists on ignore!

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Good post Mal and was going to post something similar. everyone talks McNally’s up. But honestly so far how much has it delivered . , been mining it for 6 months now and what has it produced , not even 2000 oz yet. Recon most would have been expecting 1000 oz a month . Certainly has not been the company maker it and ROD were promoted heavily by many to be. I,d actually like to think certain negative posters have actually saved a few some coin .

AUL Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
6 Upvote

0 Great analysis

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