Ann: AuStar Gold acquires full control of Rose of Denmark mine, page-55

RoD has been recently drilled and has showed high grade hits along long stretches under the floor of the main adit. This will make ST mining from this mine very likely, so making the purchase of what was sold for $4mil for $255k a very good deal.

The trial mining is starting to ramp up ATM, progress has been slow due to the conservation of funds. The reef being mined should be profitable if it matches all the other reefs on the same side of the dyke. Nothing is guaranteed but it gave the company a good option for picking low hanging fruit.

The only thing keeping the SP down is the lack of certainty around profitability, and the convertible notes funding. Both those things will soon not be able to hold the SP back, good buying ATM IMO.