AWJ 2.17% 22.5¢ auric mining limited

First Flirty Flash Of Cash

  1. 39 Posts.
    lightbulb Created with Sketch. 23
    Unless there's been a bucket load of rain according to my reckoning the gold mill at Coolgardie should now be crushing rocks from Jeffreys Find.
    Its hard to fathom the incredible timing for this company with gold soaring through $3700 per ounce.
    If BML can hit 20,000 ounces of production for the year at that price then the joint venture could be looking to split 30-odd million in cash, australian dollars. Time to flash a bit of leg and flirt with the notion this company is a 40-center and not a 20-center. Hard to see how it could not be with up to $15m coming in with only a $30m market cap. Doesn't make sense.

    https://hotcopper.com.au/data/attachments/6105/6105858-44a043cda219e3c97ff3e79b038e954f.jpg
    A happy piglet is a gold piglet
 
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