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13.2%

29.5¢ auric mining limited

Ann: Gold Sales for 2024 Exceed A$18M. Toll Milling Continues., page-7

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Rorbag

1,517 Posts.

295

29/08/24

10:30

Post #: 75430523
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Originally posted by HeliosUK: ↑

This is a slow and steady accretive journey to turn $1 into much more than $1, and they appear to have the right strategy, the right touch of luck, and the first few dominoes already falling.

I love the vision of "mining a million ounces"

In a company that's now got a solid cash flow for the year, with 200koz from Munda and the potential for more, AND a couple of hot exploration areas to play with and the money to throw at it, this has the chance to be 3-4x what it is around EOFY.

Obviously dominoes need to keep falling to do so, and the gold price would do well to hover here (if not higher), but this strategy is faultless

Expand

Is there a resource estimate of 200,000 ounces at Munda ?

If so at $3,500 / oz = $700,000,000.00

That can't be right? !

Last edited by Rorbag: 29/08/24

AWJ Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 29.5¢		Change -0.045(13.2%)		Mkt cap ! $44.59M

Open	High	Low	Value	Volume
33.0¢	33.0¢	29.0¢	$561.4K	1.835M

Buyers (Bids)

No.	Vol.	Price($)
3	54644	29.5¢

Sellers (Offers)

Price($)	Vol.	No.
30.0¢	56391	2

View Market Depth

No.	Vol.	Price($)
3	55092	0.295
11	186237	0.290
5	40106	0.285
3	26071	0.280
1	20000	0.275

Price($)	Vol.	No.
0.300	56391	2
0.305	10000	1
0.310	22500	3
0.315	2500	1
0.320	34454	1

Last trade - 14.02pm 07/11/2024 (20 minute delay)

AWJ (ASX) Chart