AUK
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16.7% 0.5¢ aumake limited.

any opinions - anyone home??, page-4

  1. osr1986
    1,955 Posts.
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    26/06/10
    15:16
    Post #: 6843143
    Correction, bit more complicated than that:
    US$250k + 10M AUK shares + 5M AUK options
    for the initial agreement (the 90% option)
    plus US$1M to PT Golden to upgrade the gold plant
    Then US$9M if they want to proceed with the purchase.
    For initial 2 years of the option - profit share on the gold production from the plant of 50%.
    Gold plant production up to 100t ore/day - but dont think it is currently producing anything.
    AUK Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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