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32.0¢ austar gold limited

when they prove it’s proffitable I will admit that . Till then...

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trtkjd1

2,335 Posts.

79

16/02/19

15:16

Post #: 37458696
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Originally posted by vertigo: ↑

It is proven that they discovered it as that is the basis that the geologist gave the go ahead for production. The contained gold is my estimate from my own calcs. It only needs 5400oz to contain $10m of gold. My high level estimation is 4 times that.

Sure I may have been 6-8 months out on when they will be cash flow positive. Just admit that you were wrong that they did find a new deposit in the upper levels that you said they wouldn't, a far greater gaff. That would be a good first step.

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when they prove it’s proffitable I will admit that . Till then the gold could disappear like maxwells did .

AUL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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