AUL is now a Gold Producer, page-25

At 130koz+ p.a. we'd be a lot over 5c. Not what this mine is set up for. All about the grade and sentiment for achieving goals whether the SP gets to 4c+.

If they come out with close to historical and an achievable plan and have a good FY2018 H1, then I can't see why not. Mining a few thousand tonnes @ 40g/t will justify a rapid rise. That is wishful though as with these companies, we are just waiting for the facts.

Heaps of gold companies out there that are 'undervalued', but you can't touch them because you don't know what management screw ups are coming next and some look over valued but are being supported by the market because they do what they say they will do.

These guys do what they say they will do fron what I can see, namely, sort out geology, repair and commission winder, commission paste plant and mill.

We are trial mining which I suppose could be confused with bulk sampling of some remote project that has no infrastructure or underground development.

Riding off the back of all that underground development is gravy - time-wise and CAPITAL COST wise.

If they do require a CR it could only be for a substantial production ramp up. Currently, almost all capital has been sunk and deserves a lot more credit. Logically what do they need further capital for if the capital has already been spent (including development to get to where they are during past few months).

There are a few of these kind of mines knocking around that don't make it to open market because owners are raking cash from a private co.