FAU 0.00% 0.2¢ first au limited

Yes they certainly become dog stocks ..but for a time they...

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  1. 6,287 Posts.
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    Yes they certainly become dog stocks ..but for a time they looked very promising

    SOC -announced 886m @ 1.2g/t Au from surface, 826m @ 1.3g/t Au from surface and 178m @ 2g/t Au from 400m .. HUGE Gold depth

    CVR -had a market cap of 10mill AUD owed own plant had over 1moz Gold resource was telling us S/H's they were producer 2koz per month!! Mgmt lied to S/Hs

    VIL-was meant to have 2mmbbl oil net to VIL =$220mill gross value USD at the time ..too then non-commercial zero flows ...was a complete con

    Now in hindsight its easy to the above plays where dogs at the time.. but just like FAU they seemed to have brilliant risked upside in value ..

    Low shares and a few dollars in cash isn't going be much help if FAU can't back up the drilling results as it's not like they have got many projects on the go 3000m is hardly a groundbreaking drill program.. so calling it the best Gold play on the ASX is not correct IMHO zero gold resources one high grade hit that looks very much like a Gold nugget
 
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Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $2.717M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $6.74K 3.370M

Buyers (Bids)

No. Vol. Price($)
55 252975287 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 21421493 16
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Last trade - 13.27pm 26/11/2024 (20 minute delay) ?
FAU (ASX) Chart
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