AUE 5.95% 44.5¢ aurum resources limited

ausminerals

  1. 1 Posts.
    www.ausminerals.com.au

    Interesting that they are raising so little.
    Also it looks like the no1 priority of these funds is to use them to start mining for gold in WA. (looking at the pdf it would look like they were expecting to get ~ 600 per ounce and gold prices are way higher than that now). There is mention of an uranium tenament in SA and they already have a quarry producing limestone in VIC.

    Anybody have any other info besides what is in the PDF?
 
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