AUC 0.00% 42.0¢ ausgold limited

options have lots of upside, page-3

  1. 5,275 Posts.
    lightbulb Created with Sketch. 174
    Nothing but dirt?

    They have $10 million cash. I wouldn't call that nothing.

    And if they can keep the SP above 20c they have just guaranteed themselves another $10 million from conversion of options in 2013.

    Once SFR announce their JORC and AUC announce a drilling program in Doolgunna these shares will be chased by buyers IMHO.
 
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41.5¢ 42.0¢ 40.8¢ $188.6K 455.8K

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1 30000 41.0¢
 

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42.0¢ 52715 1
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