gold production gets closer at aud1300 dollars

This share is set for a rapid rerating in the next 3-6 months, IMO.

More progress announced today, getting A1 one step closer to production. Estimated cash costs of A$600oz, and a planned initial production of 30,000ozpa - current gold price A$1,300, and A1 own their own mill....

Also a resource upgrade for Delta expected soon.

And this from a company with a mcap of $9m, with $3m cash in the bank. In fact, A1 is trading around their cash position + the value of their tax offsets (which shortly will be needed to offset profit next fy).


I strongly believe both in the value of the gold sector, where prices are up and input costs and share prices are down, and also in A1, which is trading at a 1/4 of its 18 month high.


In gold, I also like producer TRY, which is trading just above its cash position of $60m. Ah, so many bargains... :)

Good luck.