Grades from RoD were outstanding borderline BONANZA
We now OWN outright RoD
Old stockpile put through newly commissioned plant OWNED outright by AUL sh's and had its first pour which proved the mine is up to the job and also can deal with the "larger stuff"
Management have taken their time and stretched every penny they could for full value on sh's behalf.
.............
Achieving all the above whilst AUL were trading near all time lows, i say FAN BLOODY TASTIC....
Now to SP appreciation and where is it going to come from...
I think a raising to inners/faithful will come first(we all know it needs a little cash to operate)..Then
Well i believe the plant will already be in motion and results will be coming soon and they will do a detailed appraisal of what grade and what oz's they have and imho this is where the rerating will start from....
Then with a JV or some partner formation they will mine and extract(from down the road)and then tip it into OUR plant and cashflow positive in less than 2 and 1/2 months(CEO'S words) sounds very exciting to me......
Just a little time left before this blows and today was the first part of the puzzle coming together to be a fully licence gold pouring money making machine
Good luck to ALL
AUL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held