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.

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Augustus Minerals Ord Shs > Possible valuations

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Comment by SnowyWindowson Apr 10, 2019 1:35pm

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Post# 29608032

RE:Possible valuations

This is also just based on the ~10% of land they explored in their 120,000 HA Sombrero stake. They have an entire piece to the south that hasn’t even been looked at.

hoping for some drills to start turning in the next few months. They have a lot of work to do here

NorthernEmt wrote: If Sombrero is anything the size of Las Bambas this will have an incredible valuation. Let's say that Sombrero is worth 5 billiion, with 100 million shares outstanding that puts us up to $50 share. This is without the 1.2 million (and counting) gold deposit at Committee Bay along with their other projects.

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