AUC 7.69% 4.2¢ ausgold limited

Updated JORC, page-17

  1. 683 Posts.
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    1.6-1.7 is a 25% plus increase in resource that alone is a great outcome.

    You will find most of the drilling results now will be infilling, the g/t haven't had much of an increase, main reason why the share price hasn't run north for me. A raise is soon in the picture also, big investors don't jump in when a raise is a round the corner. I still think the board can do a premium raise after the Resource Upgrade and I'm sure producers are looking at our project and I'm expecting we will get offers in the next 12 months.
    Nobody talks about our other projects, we have some great ground to drill and that also excites me.
    If you look at Capricorn Metals, Gold Road etc... who had lower g/t than us, it just shows the upside to AUC.

    The board are doing a great job, we just need to be patient.

 
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1 50000 4.2¢
 

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4.2¢ 49990 1
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Last trade - 15.58pm 17/07/2024 (20 minute delay) ?
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