AUC 1.25% 39.5¢ ausgold limited

Yeah was a solid read, We are now fully financed until DFS and...

  1. 6,173 Posts.
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    Yeah was a solid read, We are now fully financed until DFS and decision to mine. Company basically will have at the end of Q2 10m at bank.

    Enough to get us to decision to mine.

    https://hotcopper.com.au/data/attachments/5230/5230701-c3bed316174e8fc7d58007702c2f9232.jpg




    Payback at 2300k AUD Gold is 1.7yrs should move to 12-14months if Gold stays 3k+. NPV would be nearly double that

    https://hotcopper.com.au/data/attachments/5230/5230714-aa64562779bc9f06c123736fbdafbc95.jpg



 
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