Hi , i dont hold here but was considering it , however looking at the grades being sampled i really don't see a lot to be excited about . The assayed results are pretty minimal when you consider that they have to move many tonnes of rock in some instances to get at grades less than 4g per tonne ( 7 tonnes to get an ounce ) and at some pretty thin intercepts . Maybe i am wrong and i guess much depends on the average of how many grams per tonne this company needs to be profitable ( a figure i couldn't see quoted anywhere ) ..... don't get me wrong i am not down ramping or putting sheet on the company just trying to find a reason to get involved but am currently struggling to justify an investment .
Appreciate if anyone can shed light on the points raised.
AUL Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held
