AYC 0.00% 2.3¢ a1 consolidated gold limited

I have also taken a small punt like twiggy. I initially baulked...

  1. 91 Posts.
    lightbulb Created with Sketch. 3
    I have also taken a small punt like twiggy. I initially baulked at the large number of shares issued in the Maldon acquisition and the potential overhang it creates ..but fair enough - its tough to debt finance in this market and imo it would add too much risk anyway.

    So then did a back of envelope based on the gold pour info provided in the last qtrly and compared with all the 5B's from ORS during their time in production and the most revenue they pulled out in a qtr was around 1mil?

    By my rough calcs and assuming a steady rate of production through last qtr AYC is already pouring at around double the rate of ORS - hopefully we see some cost guidance in the next quarterly but happy to be holding at these levels
 
watchlist Created with Sketch. Add AYC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.