What smart money is saying about Ausgold
1 fund in our archive has pitched Ausgold — most recently L1 Capital Gold Fund Limited in September 2026.
Ausgold Limited explores for gold and other precious metals in Australia. The company's flagship property is the 100%-owned Katanning gold project, which covers approximately 3,000 square kilometers of tenure across the Katanning Greenstone Belt, situated southeast of Perth in Western Australia. Ausgold Limited was incorporated in 2009 and is based in Perth, Australia.
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Position history
Every position in Ausgold on record in the archive was reported in Q3 2026, across 1 fund letter — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 1 |
Fund activity · 1 position · 1 move
- New positionL1 Capital Gold Fund LimitedSeptember 2026
“• Ausgold (ASX:AUC): Australian listed company seeking to develop the Katanning gold project in Western Australia with the potential to produce 150koz per annum. On 17 August, Ausgold received a takeover offer from OceanaGold at a 44% premium to the 20-day VWAP at A$1.36/sh. L1 first accumulated a stake in Ausgold in their July 2025 capital raise at A$0.57/sh.”
Ausgold
Fund coverage · 1 thesis
- L1 Capital Gold Fund LimitedSeptember 2026
Ausgold is a Western Australia gold developer with a 150koz p.a. project and takeover appeal, which the fund sees as benefiting from de-risked assets and substantial re-rating potential.
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