AUC 4.44% 43.0¢ ausgold limited

Nothing but dirt?They have $10 million cash. I wouldn't call...

  1. 5,275 Posts.
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    Nothing but dirt?

    They have $10 million cash. I wouldn't call that nothing.

    And if they can keep the SP above 20c they have just guaranteed themselves another $10 million from conversion of options in 2013.

    Once SFR announce their JORC and AUC announce a drilling program in Doolgunna these shares will be chased by buyers IMHO.
 
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