I hope AUT get cracking on exploration results lest their languishing SP means their inclusion in the All Ordinaries could be short lived.
that, and or the price of gold logs a clear trend reversal. Spot gold last around $1728, which is up 2.7% from a March 8 low of $1683 but still down 16% from a July high of $2063. Some punters might say spot gold reversed during the week; others might say too early to tell.
after getting well and truly caned since mid 2020, AUT holders are looking for a sustained rally in the SP.
it's just possible that exploration results expected in coming months from the monster drilling program now underway at Pickle Crow could coincide with a rising metal price.
the last exploration update was issued Jan. 19, so we could be about due for the next one.
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