AUM australian mining investments limited

thats correctDazza got it back to front. "In-situ" = the gross...

  1. Tibbs
    12,495 Posts.
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    04/07/06
    21:48
    Post #: 1654474
    thats correct

    Dazza got it back to front. "In-situ" = the gross value of the metal in-situ, inground. You then have to minus all the costs to get it out & refine it, which will be quite substantial as mentioned. Having said that this is still looking like a "mamoth" ore find.

    Suggestion: If you have any spare cash park it in URL - by my calculations they are sitting on the rest of AUM's orebody.

    cheers
    AUM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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