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4.2¢ aurumin limited

Ann: Refreshed Drill for Equity Agreement with Topdrill, page-19

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Trigger26

311 Posts.

65

22/03/24

00:16

Post #: 73004429
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Originally posted by plough: ↑

I think you are correct on your assumptions Trigger , the adsorption tanks are probably not there or stuffed guessing the only thing of value is the ball/SAG mill (and maybe a TSF like you mention ) which is at least having it as a long lead time item , means that would shorten the time frame in going from FID to mining if it is in reasonable condition
However ideally , Really need consolidation in the area between AME, AUN, AUC, KAI and RXL , to pool the resources , get a critical tonnage of ore , at a reasonable grade ie 30 Million tonnes , build a 1.5 to 2.5 Mtpa plant and then start mining the higher grade lower strip ore first, of around 1.5 grams a tonne to get a decent payback for investors .
Alternative is another Kirkalocka scenario old mine plants are inherently past their use by date for a reason ,

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I don't know what the answer would be but plenty of dirt with low grade is viable as long as its low strip and the though put is up .
i don't know much of the other companies you mentioned and there resources but yes a large central processing hub could work well for all.

AUN Price at posting: 3.4¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $18.55M

Open	High	Low	Value	Volume
6.1¢	6.8¢	4.1¢	$2.122M	41.88M

Buyers (Bids)

No.	Vol.	Price($)
1	37612	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	245121	2

View Market Depth

No.	Vol.	Price($)
1	37612	0.042
8	1845291	0.041
6	748670	0.040
1	12821	0.039
3	92631	0.038

Price($)	Vol.	No.
0.043	245121	2
0.044	141739	4
0.045	158888	3
0.046	850000	3
0.047	287617	5

Last trade - 16.10pm 28/05/2024 (20 minute delay)


Last 4.3¢			Change -0.001 ( 7.50 %)
Open	High		Low	Volume
6.3¢	6.6¢		4.1¢	18480492
Last updated 15.59pm 28/05/2024 ?

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