First Au Ltd V.FAU.H

Primary Symbol: FRSAF

Metals & Mining Industrial Metals & Minerals

First AU Limited is an Australia-based advanced gold and base metals exploration company. The principal activity of the Company is exploration for gold and other metals in its interests in mining tenements located in Western Australia and Victoria. It is engaged in pursuing exploration programs at its Victorian Goldfields Project in East Gippsland and its 100% owned Gimlet Gold project near Kalgoorlie. The Victorian Gold Project is located in the Gippsland region, which is in the historic mining area of Swifts Creek and is focused on the Haunted Stream and Snowstorm Projects. The flagship Haunted Stream Project is located in East Gippsland Victoria (340 kilometers (km) South East of Melbourne). The Company’s Gimlet Gold Project is located approximately 15 km northwest of Kalgoorlie, Western Australia EL26/174 and application M26/849 -9.6 square kilometers. The Snowstorm Prospect is located within the historic Swifts Creek Goldfields in the East Gippsland region.

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First Au Ltd

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Comment by JohnEStromJron Nov 09, 2011 7:32pm

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Post# 19224364

RE: RE: Do We Need New Management?

delazus, I would love for us to have a max. load in that C-130 every month. Only 45,000 lbs? That's barely over 22 tons. If our standard monthly shipment to Anchorage is 24 'bags' each weighing 1957 lb. that exceeds 45,000 lb. [24 bags x 1957lb/bag = 46,968 lbs or 23.484 tons] I'm also guessing there are pallets that the bags are stored on and at least a three member crew. Our first shipment was 48 bags which was probably two loads. Our latest was 24 bags or one load. A heavy load if the max. capacity of that C-130 is only 45,000 lbs. Does that include fuel? If so then they're WAY over gross on takeoff. I would imagine their stall warning was 'screeching' like crazy. Must be an exciting takeoff. ;)

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