AUC 4.30% 44.5¢ ausgold limited

Ann: June 2024 Quarterly Report and Appendix 5B, page-2

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  1. 42 Posts.
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    Overall sentiment remaining positive here, happy with the delay to studies given the strategic review appears genuine in focusing on cost saving initiatives and reducing debt "the plant expansion (intended to be funded by operating cashflow) would drive unit costs down while maintaining an attractive life of mine production profile". Tailings dam due diligence no surprise given location.

    Maybe wishful thinking but this might allow time for Stanley results to be fed into DFS? Some additional high grade could really boost the numbers... or perhaps this falls outside of the scope for the DFS? anybody know how this works?
 
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