AUG augustus minerals limited

Maybe time to drop the "kid in a candy store" approach and pick...

  1. RM8
    1,497 Posts.
    lightbulb Created with Sketch. 483

    Maybe time to drop the "kid in a candy store" approach and pick the most prospective tenement for Gold, Silver or Copper and concentrate 100% on that and repeat down the list until we find something genuinely significant. Who wants to try to cover 5,000 sq kilometres all at once? How many square kilometres did we just drop off?
    The nearology thing is pie in the sky, we need to get real IMO.

    IMO chasing rare earths and associated minerals etc are a fools errand. How many Australian explorers currently with rare earth finds will end up developing them?
    Also, Lithium can wait. Come up with some real seriously decent finds of Gold, Silver or Copper and we will be able to raise cash or sell off tenements to fund other parts without diluting the hell out of us all.

    At the current rate we will be bumming around for ten more years and still collecting rocks over the 5,000 Ks.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $4.588M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $3.672K 136K

Buyers (Bids)

No. Vol. Price($)
1 57228 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 7142 1
View Market Depth
Last trade - 13.08pm 13/06/2025 (20 minute delay) ?
AUG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.