AAU 0.00% 0.4¢ antilles gold limited

Ann: Retraction - Pit Inventory for Nueva Sabana Mine, page-10

  1. 1,519 Posts.
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    The (?intentionally?) released and then retracted numbers coming in are better than I was expecting.

    Very nice little starter project for this company with <US$25M capex. Around AU$20M/year net cash to AAU (at $2k gold price) with obvious upside beyond 4 years adding in nearby deposits or going deeper below the current 100m permit.

    Still the same story as it has been for the last few years with AAU... this company just needs one project going because the upside is huge with their current portfolio of projects. I'm surprised a mid tier miner (or a Chinese Co) hasnt just taken AAU out already...

 
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