AUC 4.44% 43.0¢ ausgold limited

A Sound F for Fail. They have spent $35m on drilling to find...

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  1. 376 Posts.
    A Sound F for Fail. They have spent $35m on drilling to find 785,000 ounces of JORC at an average grade of 1.17g/t gold.

    Discovery cost is $45/oz. Miserable grades. Can't be commercial even at these gold prices.

    A re-invigorated board? Looks like the same suspects behind this now, as prior.

    Imagine what a small company could do with $35m of cash?
 
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Last
43.0¢
Change
-0.020(4.44%)
Mkt cap ! $153.2M
Open High Low Value Volume
45.0¢ 46.0¢ 43.0¢ $89.96K 202.5K

Buyers (Bids)

No. Vol. Price($)
1 46666 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 30000 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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