AUL 7.25% 32.0¢ austar gold limited

Ann: Drill Update Reef Extensions Confirmed McNally's RemainsOpen, page-160

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  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    So to be profitable, need to sell $41 mill of gold,

    on top of the current costs of around $8 mill per year.

    That's 28,488 ounces of gold.

    They aren't even telling us if they're getting the 26 ounces

    per day, needed to keep their head above water.
 
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