AUK 14.3% 0.8¢ aumake limited.

comparison with rol

  1. 1,214 Posts.
    I've been looking at AUK for some time.

    I know a few here dont like the grades but i'm doing a comparison with Robust Res. and simply cannot see why AUK is not trading at multiples of current sp.

    ROL has a 33Mt @ .5 g/t Au and 17.7 g/t Ag. ROL has 80m shares for a mkt cap of $105m

    Now i'm going to have a guess at AUK resource. I'm suggesting that AUK will come out with around 50Mt , around .9g/t Au and around .2% Cu. I believe that is an economic resource.

    Its a guess and i'd appreciate others' assessments.

    AUK does not need immediate cash and i would imagine they are hoping for an sp boost on the release of the resource (may? June?) before they raise more funds.

    ROL has 77.5% of its resourse at Romang. AUK will have 80% of Wonogiri.

    The recent sp fall has been on very small volume so i'm not convinced that recent sellers know anything.

    I believe AUK is at a bargain price atm.

    anyone like to comment?

 
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Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $15.42M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $20.60K 2.943M

Buyers (Bids)

No. Vol. Price($)
3 1199990 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 8112656 9
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
AUK (ASX) Chart
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