AUR 0.00% 0.7¢ auris minerals limited

Ann: Major VTEM Survey Underway, page-8

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  1. 11,557 Posts.
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    hat's 119 days to go, and 12c SP to be hit by then.

    Good luck with that Whatsup! I like your confidence though!

    Look, I can't see where exploration in the western Bryah is going to do the trick for 12c to be hit before 1 july. What are you thinking?

    I can only see a decent SP rise coming from another type of event.

    Some micro explorers have had big SP rises because they have been able to organise either a good cobalt or lithium project. I can't see AUR doing that though as it has so much good copper/gold ground to look after and explore. Anything new and different and somewhere else would be a burden. Also, the improving price of copper makes the pursuit of copper a meritorious object, so keep all funds for that.

    What other event then? All I can think of is doing a very good deal with Sandfire over Doolgunna and/or Morcks Well (with or without FEL). I wouldn't want a farm-out with JV. Instead, I would want a sale with cash alone or cash with SFR scrip. SFR seems to be travelling along alright. Acquiring Doolgunna would give it boost I reckon - the possible missing crown jewel! So, cash with scrip?
 
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