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AGD

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3.85%

2.7¢ austral gold limited

No market confidence, page-2

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Bugwan64

762 Posts.

129

12/11/21

18:15

Post #: 57539945
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Originally posted by bweerniedeed: ↑

The price of silver has risen almost $3 since the start of November and is now above what you would think would be an important benchmark of $25. Yet AGD is languishing while my gold stocks have surged.
The market has no confidence in AGD ATM and we can only hope the price of silver continues to rise and the market has a dramatic rethink.
What's your take on the apparent lack of confidence?

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Confidence shot as the first 9 months production well below expectation.

Revision for the next quarter below expectations.

Exploration hard to decipher on all fronts.

Until there is a turnaround in production, a positive reserve update and guidance on Casposo, I don't think there will be much improvement in the share price.

AGD Price at posting: 10.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 2.7¢		Change 0.001(3.85%)		Mkt cap ! $16.53M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.7¢	$0	7

Buyers (Bids)

No.	Vol.	Price($)
2	134871	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	79993	1

View Market Depth

No.	Vol.	Price($)
2	134871	0.026
1	299998	0.023
2	55000	0.022
1	50000	0.020
2	440000	0.018

Price($)	Vol.	No.
0.027	79993	1
0.028	15911	2
0.034	100000	1
0.036	237471	2
0.041	48804	1

Last trade - 13.38pm 04/06/2024 (20 minute delay)

AGD (ASX) Chart