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

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Post by GoldenOrbon Oct 12, 2020 3:11pm

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Post# 31704703

Fury Gold

So to take the formula further: To break even with the Last Price
of $2.45 USD on our 1,000 AUG shares. The Fury - 700 share spinco would have to have a share price 30% higher then the Market Close out of AUG
or $2.45 + .75 cents = a Fury Gold PPS of $3.20 USDs. That would give us the Peru spincos for FREE. With high value drill results I can't see any reason why the
$3.20 PPS isn't attainable or higher.

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