AUL austar gold limited

Ann: June 2020 Quarterly Activities Report, page-6

  1. 2,701 Posts.
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    What are do you guy's think about this?
    "Continued to progress a Concentrates Treatment Program in order to efficiently monetise this
    portion of its gold output. This process has now been finalised, ending the Company’s reliance
    on a previously contracted third-party intensive leach (ILR) process;".
    It screams offtake agreement to me ??

    What I see,

    Dynamic drilling campaign.
    Continued mining of McNally's reef into the future, with possibly increasing grades
    Regional exploration and development in the near future
    A lucrative offtake agreement
    Continued plant and equipment upgrades.


    All of which, point to a company quietly achieving set goals, in an increasingly positive environment.
    AUL will only go one way.

 
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