AUC 8.45% 32.5¢ ausgold limited

Ann: Settlement of $3M Loan Notes and Issue of Warrants, page-12

  1. 11,618 Posts.
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    A lot of non-holding trolls wanting a lower entry point. This news was already announced, and management could not raise on market, especially in the current economic environment. They promised us no more diluting raises on market at these low-ball share prices, so I am happy with this deal. It will be paid back in due course. We do have several 100 billion worth of gold under the ground after all.

    There are not many retail offers on the ASX getting full take up at the moment. Cost of living crisis and EOFY.
 
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