AUL
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7.25% 32.0¢ austar gold limited

The nearby A1 mine is now utilising mechanised mining. They seem...

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  1. josimar
    2,308 Posts.
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    21/06/18
    10:07
    Post #: 33848556
    The nearby A1 mine is now utilising mechanised mining. They seem to be profitable with a grade of 3-4g/t. But it is difficult to ascertain the level of profitability from their company announcements. And the fact their ore is transported hundred’s of kilometres to the processing plant.

    The ore profile of the A1 mine is probably more similar to RoD than MS. Will have to wait and see how it pans out.
    AUL Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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