AUC 0.00% 39.0¢ ausgold limited

Ann: Settlement completed on freehold properties at Katanning, page-50

  1. 315 Posts.
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    you can be surprised or not all you like but in that ASX announcement on the 21st of june, the table on page 2 states total resource 3.04M, total probable reserve 1.28M. Those are the figures that the company are currently using. No company even turns the resource 100% into reserve. 10B "asset" resource sounds such a lovely figure, but it is not representative of what the company is indicating as extractable gold.
 
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