AUL 0.00% 28.5¢ austar gold limited

Ann: Change in substantial holding, page-8

  1. 521 Posts.
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    As much as everyone here speaks highly of the present management, the SP speaks for itself.

    The best chance for this company to move forward is to quickly get the MNMO into the money (or at least close) so that they will have sufficient funds and also give the SHs confidence.

    No more weak, ambiguous "announcements".

    To do this, they need to promptly put together a strategy and go out into the market and really SELL the potential of MNM.

    Look at the board's skills and we see they are good at mining but there are no businessmen or entrepreneurs.

    A bit of googling tells me that McNally is switched on and has tonnes of people experience.
    Coupling that with the enormous investment he has made I think he could be just the guy to break MNM out of its present woes.

    Cheers,
    Blackpete

    PS I don't know McNally from a bar of soap but I am guessing that with the amount he has put into this he will do his level best to get the SP up where it really belongs.
 
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