Yeah, that's them! Auric Mining (ASX:AWJ). Looks like they took our allocation at the Greenfields Mill. Look at how their share price has reacted since news of gold production last year - A nice steady climb from below 4c in August 2023 to above 18c this week. Hopefully what we have to look forward to if management finally stick to their words!
August 4 2023 Announcement: First Gold Delivered to Perth Mint
"Initial parcel of approximately 36,000 tonnes of ore being processed by the Greenfields Mill at Coolgardie."
December 1 2023 Announcement: Auric Banks Another $1.3M, Total Cash Now $4.77M
"Gross revenue of $29M, 9,741 ounces of gold produced, gold sale price averaged $3006aud per ounce, company is self funding for 2024."
February 22 2024 Announcement: More than 300,000 tonnes to be Mined at Jeffreys Find
"BML Ventures Pty Ltd of Kalgoorlie (BML), Auric’s joint venture partner, has executed a contract with FMR Investments Pty Ltd (FMR) to toll mill a minimum of 300,000 tonnes of ore at the Greenfields Mill, Coolgardie during 2024 with the Project due to conclude in early 2025."
I would also love to know the capacity of Greenfields Mill, if they executed another agreement last month for an additional 300,000t, where does our 200,000t agreement fit in???
Yeah, that's them! Auric Mining (ASX:AWJ). Looks like they took...
Add HRZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $23.83M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $19.81K | 588.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 192727 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 100000 | 1 |
View Market Depth
| Last trade - 11.47am 29/04/2024 (20 minute delay) ? |
|
|||||
|
Last
3.4¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 3.4¢ | 3.4¢ | 3.3¢ | 79949 | ||
| Last updated 13.10pm 29/04/2024 ? | |||||
| HRZ (ASX) Chart |