AOU has been paid the final balance of A$480,000 including interest. The convertible loan with face value US$1,000,0000 has now been repaid.
Previously announced Tisova project initial drilling had been disappointing a further drilling assays are expected soon , however AOU is an ASX listed company with circa A$6M in cash and a $13M market cap with 3 projects. 3 months of winter kill momentum but looking forward to seeing what 2018 has installed for this company.
Anyone have anything of interest here ?
Final settlement proceeds received from Xtract Resources
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