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Augustus Minerals Ord Shs AUG


Primary Symbol: AUGMF

Metals & Mining Industrial Metals & Minerals
Augustus Minerals Limited is an Australia-based exploration company. The Company is engaged in exploring for lithium, rare earths & copper in a large tenement package located in the Gascoyne Province of Western Australia. The project covers approximately 3,600 square kilometers (km2) of granted and under application tenements located in the Gascoyne Province, in the Shire of Upper Gascoyne and the Shire of Carnarvon. The Ti Tree Shear Project is located about 200km inland from Carnarvon and is in the shires of Upper Gascoyne and Carnarvon. The Project area is prospective for copper, gold, nickel, platinum group metals, molybdenum, rhenium, lithium, and rare earth element mineralization. The project's tenement package is categorized into four main project areas: Crawford Bore, Lyons Central, Minnie Springs, and Mt Phillips Area. Capricorn Orogen Pty Ltd is a wholly owned subsidiary of the Company.


GREY:AUGMF - Post by User

Augustus Minerals Ord Shs > If, if you went to their booth @ VRIC you got ......
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Comment by ST225EOon Jan 31, 2020 12:44pm
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Post# 30626181

RE:If, if you went to their booth @ VRIC you got ......

RE:If, if you went to their booth @ VRIC you got ......Hi Juneau,

Thanks for sharing your thoughts here.

I'm surprised about your valuation of Homestake at only 14 mio. Didn't Ivan state that Homestake was worth around 100 mio and more or less supported the market cap of Auryn at that time? I may have misheard of course. How did you come up with that number?

Secondly, I don't like the tight timelines they give us. The Sombrero permit was anticipated at the end of october, it's almost februari now. Now it seems they have told you mid july/aug for Curibaya? Just a few weeks/months ago they said they wouldn't drill Curibaya until Q4/2020?

Anyhow, I hope drilling in Sombrero really commences in Q2/2020. Gonna be an exciting year once the drills start turning! How can you not be excited with the potential of x10 market value or more :)
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