AUC 0.00% 43.0¢ ausgold limited

new ticker, page-13

  1. 3,158 Posts.
    lightbulb Created with Sketch. 307
    Happy to stand corrected! I prefer a thorough DFS with comprehensive drilling, not a piecemeal approach. The DFS will demonstrate whether they are serious about all this or not.
    I watched the media blitz vids again and it seems to me that management have a firm plan. Dorward said himself that the company was hand to mouth, but with the new money they can get to the FID.
    They want to find a high grade satellite pit to complement the main pit, and don’t feel the need to over drill the main zone at the moment. It seems the main plan is to drill the highly prospective zones to create value and provide high grade ore to the early production.
    I get the sense that the company will be run for the benefit of the few shareholders. If one can hang on for 3 years, the rewards should be decent!
 
watchlist Created with Sketch. Add AUC (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.000(0.00%)
Mkt cap ! $153.2M
Open High Low Value Volume
44.0¢ 46.5¢ 43.0¢ $248.4K 542.9K

Buyers (Bids)

No. Vol. Price($)
2 43099 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 32594 2
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
AUC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.