Excellent analysis. Thanks.. Onwards from here... Next...

First 7 Last

Share
Profile

Follow
Howard Ino

12,218 Posts.

679

15/04/25

09:43

Post #: 78691890
Share

Originally posted by fitnfam ↑

The first 2000oz sold will provide the $5m profit that was anticipated for the WHOLE starter pit plan at current prices and budgeted costs.
We have NICE CLEAN ACCOUNTS to boot,
CASH in the bank from mining.
NO loans
NO hedges
4yrs worth of SIMPLE pit mining ahead of us,if not more lined up and currently undisclosed.
The move with Lindsay's as an infill pit,if settled will effectively result in uninterrupted mining operations for AURIC and reduced pressure,so Munda mining can be planned efficiently without pressure to hurry up,so we can get mining again.
Each One individually costed with a conservative PROFIT margin on the mining operation to be had.

I look at others in this industry suffering the indignity of CASH/HEDGE/LOAN/PRODUCTION/REPAYMENT issues due to just one hick-up in operations and shareholders copping dilution and being loaded up with convertible notes,extra royalties and hedges as a result that literally destroy their companies asset values.

Never happen here,with this management,that's for sure.
At least here you know how many shares there are in the company without having to read 3 pages and work out what royalties and how many convertible notes with attached coupons and at what accruing interest rates compounding,will ALL CONVERT into shares and dilute you to hell if the company is marginally successful.

DYOR + DYODD I can already see the potential acquisitions fermenting that will come when others running close to the wire,doing all sorts of busy things to enthral their shareholders including acquisitions,at rather thin margins,even at these gold prices,have their hick-up and Auric is sitting there with its wad of cash in the bank and at a far higher valued share price,to pick up a few NON STRATEGIC ASSETS they may have to sell in a hurry as part of the usual " PLANNED rationalisation to concentrate on our current core assets".

Expand

Excellent analysis.
Thanks..
Onwards from here...
Next announcement to say Lindsay's is settled, would be sweet.
Would be nice to hear expected cost to get Burbanks up and running, just to factor in down the track, but not really an urgency at this stage, imo..
Very pleased I picked up a few on the pull backs..
Price of gold is astounding...

AWJ Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Where to find opportunities amid the trade war turmoil

ASX Market Close: Tariff backpedal pushes ASX towards 8000pts – again

From the Outback to the Andes: The experts speak - HotCopper webinar

Listen: HotCopper Podcast 010 – The Latin America expansion boom

From the Outback to the Andes: Why ASX-listed miners are moving into Latin America

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 25.5¢		Change -0.030(10.5%)		Mkt cap ! $37.98M

Open	High	Low	Value	Volume
28.0¢	28.0¢	25.5¢	$135.4K	512.4K

Buyers (Bids)

No.	Vol.	Price($)
3	259803	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	287830	1

View Market Depth

No.	Vol.	Price($)
3	259803	0.255
7	166880	0.250
2	83332	0.240
1	14421	0.235
1	2500	0.230

Price($)	Vol.	No.
0.265	287830	1
0.270	25699	1
0.280	3000	1
0.285	10000	1
0.290	110444	2

Last trade - 16.10pm 23/04/2025 (20 minute delay)

AWJ (ASX) Chart

Excellent analysis. Thanks.. Onwards from here... Next...

Where to find opportunities amid the trade war turmoil

ASX Market Close: Tariff backpedal pushes ASX towards 8000pts – again

From the Outback to the Andes: The experts speak - HotCopper webinar

Listen: HotCopper Podcast 010 – The Latin America expansion boom

From the Outback to the Andes: Why ASX-listed miners are moving into Latin America

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Excellent analysis. Thanks.. Onwards from here... Next...

Top Stories

Where to find opportunities amid the trade war turmoil

ASX Market Close: Tariff backpedal pushes ASX towards 8000pts – again

From the Outback to the Andes: The experts speak - HotCopper webinar

Listen: HotCopper Podcast 010 – The Latin America expansion boom

From the Outback to the Andes: Why ASX-listed miners are moving into Latin America

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News