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AUL should acquire A1 goldmine, page-8

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trtkjd1

2,335 Posts.

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24/03/19

11:31

Post #: 37865561
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Originally posted by Krum: ↑

Point 2 in my post (3 production mines) is the main reason to acquire A1:

1. One mine on preparation, one on development one on production,

2. Flying crews specialising on each job move from mine to mine,

3. Can high grade yet keep tonnes up

4. No Cap cost, just Acq cost

5. How much for A1 (at typical <10c on the dollar from DOCA). We acquired MCO for less than the capex of the gold plant.

6. And then an ore sorter at surface then progressively underground.

I never claimed to be the best project manager, rather I try always to look strategically and this is opportunistic so should be considered, and ASAP!

Hence this new topic hoping the main “online influencers” here might think it through.

KRUM

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Unfortunately Krum point 2 is three loss making mines at this moment in time .

AUL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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