on gold price alone at $800 higher payable at 55% for 47K oz per year would be +$20.6m USD per year !! without taking into account the increase of silver or any changes in antimony.
And yet still no mine, any mine. Bear in mind cost of living has also increased - with everything going up, materials, wages, fees and charges and AAU has little money in the coffers - perhaps one reason why the CEO cannot do much - but, the CEO did have all this time and yet AAU has nothing producing despite years of moneys spent - yours and mine too along with many others here. How do we manage all those cost pressures with such dismal share prices?
Company can't capitalize on increased commodity prices with no funding and thus no mine(s). Bear in mind too, that it will take some time to build a mine - do funders meanwhile expect commodity prices to firm further or will the world's ills have negative impacts?
The further there are delays the less money AAU has - will AAU become insolvent - yet to see - or else more dilution to come yet again?
AAU Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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