Post by
Canadian0620144 on Aug 21, 2020 12:44pm
Aura held investors day yesterday Aug 20th
Highlights Gold Road USA mine will start production in September expecting 10k Oz this year to December and with enter commercial production in January ramping up to 35K OZ year. Have only scratched the surface of exploration potential of all properties currently have just over 2.6ml Oz in reserve. This is on 8% of owned acres. Based on current new mine development expectations of increase to 315k Oz of production in 2024 at $770US OZ all in cost per Oz. Suggest everyone takes a look at the three new presentations posted on Aura’s updated website dated August 20th. Brazilian Analyst believe ORA-T is to be undervalued with the target over $700. Currently trading 2-3 times EBITA target 6-7 times EBITA. Watch replay of Aura webcast was very interesting.
No current M&A but always looking, targeting 60K Oz year to small for the big players. Highlighted Gold Road bought for $1 and $24ml US in debit.
Comment by
valuemine on Aug 27, 2020 11:04am
Enjoy the ride but don't forget who/what you're dealing with... www.aurashareholder.com