AUL 7.25% 32.0¢ austar gold limited

AUL has been drilling and trial mining for months ant...

  1. 4,019 Posts.
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    AUL has been drilling and trial mining for months ant months. 
    AUL wanted enough gold bearing material to mine continuously.
    AUL is going to target the higher grade resource to generate as much free cash as possible...

    Iike and new company- it takes a long time to become profitable if you chip away being conservativecwith your cash.
    If AUL can mine at a good profit and increase production this little asx minnow with a 14 million MC " could" be a mod tier gold miner which means it could be a 20x bagger imo..

    dyor- i think this could easily double this quarter and thats conservative.
 
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Currently unlisted public company.

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