AGD 0.00% 2.0¢ austral gold limited

I’m not sure if the production side is as important as the...

  1. 150 Posts.
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    I’m not sure if the production side is as important as the exploration at this time.

    technically the mining contractor improved QoQ, but comparing the current operations YoY isn’t apples to apples. The old union austral workforce had higher grades last year and more experience.

    IMO as long as the mining margin is covering the exploration costs this stock is basically a call option on gold prices that never expires.

    none of the production matters as long as it’s “good enough”. Keep an eye out for that new resource estimate to secure future cashflow.

    GLTA. everyone here knows what will happen when the price of gold takes off.
 
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