AUL 0.00% 28.5¢ austar gold limited

Norton Gold Mine...

  1. 806 Posts.
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    ...about to be back into production!

    http://m.gladstoneobserver.com.au/news/you-wont-find-wealth-in-the-bottom-of-a-pan/2640864/

    Looking forward to the next ann which hopefully will include BFS, scoping study or similar.

    As a LT holder, it is great to see that this little minnow explorer is "about" to become a producer providing revenues back to the Company.

    Whilst the Norton numbers are not publicly known at this stage, it should not be underestimated the significance of this moment. Many ASX listed cash strapped explorer stocks never survive, let alone get their projects to production...

    ...once the first sale of the concentrate has occurred...and a revenue stream is established...

    ...I believe that will create a significant de-risk of this share and a SP re-rate should ensue.

    Cheers K
 
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Currently unlisted public company.

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