agreed. im very excited. even if they only produce enough gold to cover costs for the first 6-9 months ill be happy as there is always a lengthy dialing in process. itll ensure no more dilution and focus managent on creating efficiencies.
look at SUM, a current gold producer operating at a loss with an MC of 144 million! this leaves a possible upside of 8c from here for us just to match a market peer.. but we will hopefully have positive cashflow which should see us blow past this price point. blk is a producer hovering around the 100 million mark too and it just turned on the taps.
so my call is 100million mc in the not too distant future depending on production rate but honestly any saleable gold will put this through the roof.
AUL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
