They are building up inventories for possible buy out by gold producers who also has interest on the same location. With gold price forecast to be around $2300 plus in the coming year and possible inferred resources of over 3 million oz, I think this is their strategy at this stage, The buy out would only need to be for a majority interest, so AUT would still benefit after the first gold oz is produced.
They are building up inventories for possible buy out by gold...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FFM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.11 |
Change
-0.038(3.28%) |
Mkt cap ! $619.3M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.15 | $1.10 | $1.649M | 1.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 20001 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 25629 | 14 |
View Market Depth
| Last trade - 14.00pm 13/11/2024 (20 minute delay) ? |
| FFM (ASX) Chart |