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7.25%

32.0¢ austar gold limited

100% correct, it will take time to reconcile, in the meantime...

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03boz

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26/03/19

18:04

Post #: 37890852
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Originally posted by Staffyman: ↑

Thanks for response @mal230355 I had a gut feeling it would be roughly 2 quarters to gain the recoveries versus costs of mining and then take into account business costs down to the paper clip costs to be able to provide enough of a financial case to be able to conform to AISC breakdown of costs to be able to comment and say that it is a profitable mining company! Until then let's see how much of the yellow stuff can be processed and sourced through further drilling and exploration.

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100% correct, it will take time to reconcile, in the meantime the company will work to an educated budget which most likely (if they can run ahead of budget,) transform into a profitable operation once the financial case can be defined.

Last edited by 03boz: 26/03/19

AUL Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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