Austin Engineering Ord Shs V.ANG

Primary Symbol: AUSTF

Industrials

Austin Engineering Limited is an Australia-based global engineering company. The Company designs and manufactures loading and hauling solutions, including off-highway dump truck bodies, buckets, water tanks, and related attachments, supporting both open-cut and underground operations. Its segments include Asia-Pacific, North America, and South America. The Asia-Pacific segment offers mining equipment, other products, repair and maintenance services, and corporate activities in Australia and Indonesia. The North America segment offers mining equipment and other products in the United States of America. The South America segment offers mining equipment, other products, and repair and maintenance services in Chile. It supplies customized equipment to large global mining clients, mining contractors, and original equipment manufacturers. The Company is also engaged in offering on-site and off-site repair and maintenance, as well as heavy equipment lifting, to its clients.

OTCPK:AUSTF - Post by User

Austin Engineering Ord Shs > Not Dead

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Comment by veteran98on Jul 06, 2020 1:22pm

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Post# 31229468

RE:Not Dead

They will likely need to get financed but sounds like they are planning some drilling this year according the MD&A .......A drilling program of approximately 2,000 meters of large-diameter HQ coring has been planned and budgeted, including 1,300 meters in 20 holes at Iguanacito, 240 meters in two holes at Guayabales and 470 meters in three holes at Abejero.

It would be really interesting how the hole at Abejero turns out where they previously drilled 5.58 meters of 70.35 grams per tonne Au (true thickness unknown, but indicated to be close to intersection width).

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