Investors,
this stock is probably the next kid off the blocks in the HOTZONE. After doing some DD [and i will do more during the weekend], i am quite sure that AUC will exhibit similar attributes to THX in relation to their progress.
The fact that they have a possible copper-gold deposit as well as a gold deposit bodes well for the near term. Ample cash in the bank [7.9 million] that will give them a 18 month vacation in capital markets. In fact their expenditure for the next quarter [referring to cash-flow reports] is just 940k.
If assay results [major push indicator] comes in positive, they will move to RC drilling and have more than enough money in their coffers. Taking THX's RC drilling expenditure into account [as they are in the same district] was 2.5 million [i.e. from exploration and drilling], we can see that AUC will be able to drill with no capital raising to shareholders.
Current shares on issue is just 90 million listed.
Hold on for a wild ride in the next 2 weeks. Air core drill results for the deposits are due.
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- extremely similar to thx
extremely similar to thx
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.2M |
Open | High | Low | Value | Volume |
41.5¢ | 42.0¢ | 40.8¢ | $188.6K | 455.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 52715 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6480 | 0.395 |
3 | 90000 | 0.390 |
3 | 157691 | 0.385 |
4 | 41860 | 0.380 |
2 | 47067 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 5000 | 1 |
0.410 | 10000 | 1 |
0.415 | 2407 | 1 |
0.420 | 80000 | 1 |
0.425 | 2600 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
AUC (ASX) Chart |