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3,118 Posts.
482
05/04/18
20:02
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Hi
The directors have advised that AUL will be in positive cash flow from Q1 (Sept2018).
Do they plan to mine & process MSG or ROD ?
Also + cash flow does not mean dividend, am I correct, the funds may be used for further exploration ?
Anyone has any clue ?
Have I done the calculation correctly below (not actuals, just trying to understand)
If the GT is high, say 10 gt, then processing to plant capacity of 80,000 tons would bring in 26,000 oz
26,000 x $500 np = $13,300,000 / 1.8 Billion shares = 0.7cps net profit
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