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On June 14th, 2018, Public Holdings (Australia) Ltd (PHA) changed its name and ASX code to First Au Limited (FAU).
FAU - First Au Limited
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Might be time to dust off the thread.
I noticed that one of their earlier aircores got a 3m circa 460g/ton hit.
More drilling planned for May/ June.
I hold. A speccie. PDI is a speccie too!
F.Rock
I noticed that one of their earlier aircores got a 3m circa 460g/ton hit.
More drilling planned for May/ June.
I hold. A speccie. PDI is a speccie too!
F.Rock
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Pleased to see apparent increase in support at 0.008 this morning.
Some minor signs recently of undersupply coupled with buyer support.
Hopefully there is a good news catalyst anytime soon....
It's been a long time between drinks for FAU.
F.Rock
Some minor signs recently of undersupply coupled with buyer support.
Hopefully there is a good news catalyst anytime soon....
It's been a long time between drinks for FAU.
F.Rock
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"There was movement at the station, for the word had passed around
That the colt from old Regret had got away,
And had joined the wild bush horses -- he was worth a thousand pound,
So all the cracks had gathered to the fray."
Banjo Patterson
That the colt from old Regret had got away,
And had joined the wild bush horses -- he was worth a thousand pound,
So all the cracks had gathered to the fray."
Banjo Patterson
Dona Ferentes
A little bit OC⚡DC
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sumt'ing 'appen
but what?
A further ~1000m of the February RC drilling program around Gimlet is planned for May/June 2020, subject to market conditions. The drilling will further test the potential plunge component to the mineralisation and assist in sitting the deep diamond hole as planned. Once the RC program is complete, First Au will assess whether to upgrade the JORC Resource and examine the open pit mining potential. This will also trigger further drilling to investigate underground potential.
but what?
A further ~1000m of the February RC drilling program around Gimlet is planned for May/June 2020, subject to market conditions. The drilling will further test the potential plunge component to the mineralisation and assist in sitting the deep diamond hole as planned. Once the RC program is complete, First Au will assess whether to upgrade the JORC Resource and examine the open pit mining potential. This will also trigger further drilling to investigate underground potential.
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Right'o, they're currently halted trading to do some capital raising so they can poke around in Victoria for gold. Sounds good. As a new trader I've got some questions regarding this:
1. The applied halt is till June 11 or until news is released. Is this unusually long?
2. What are the possible scenarios of all this? I'm aware of institutional and retail investor offerings but what other outcomes could possibly be on the table?
1. The applied halt is till June 11 or until news is released. Is this unusually long?
2. What are the possible scenarios of all this? I'm aware of institutional and retail investor offerings but what other outcomes could possibly be on the table?
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What could be better than another trading halt? 2 consecutive trading halts!
Yet more capital raising needed. But there's some good news:
VIC's Haunted Stream exploration licence granted with field work proposed to start next week. And assay results from Gimlet drilling are pending.
Yet more capital raising needed. But there's some good news:
VIC's Haunted Stream exploration licence granted with field work proposed to start next week. And assay results from Gimlet drilling are pending.
Dona Ferentes
A little bit OC⚡DC
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Sounds speculative
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