AUL austar gold limited

we have jorn, page-70

  1. 4,255 Posts.
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    I think hardman is on the right track with regards to a listing which includes all MNM brown coal asstes and Exergen. This is definately the best way to raise funds for a project this size IMO. Who knows if and when this will happen but very possible in late 2012 early 2013 IMO.

    I also thought MNM would be higher BUT when I look at the other coal shares I follow and I see how they have been hammered it puts things in perspective...Unfortunately the markets are not as perdictable as they may have been years ago, when news was announced and a share rallied. Seems there are many other factors which are not directly related to MNM which also effect the SP...

    The company has announced several great milestones and we are still very cheap...what can we do? nothing IMO..

    It will run when it runs,,,more news to follow on various other projects...exciting times ahead...I hope/assume we will have a HUGE rerate at some stage in the next few months but when is anyones guess?

    I suppose it will all depend on Macro markets, how the small caps perform the rest of 2012, coal prices, BM/LV news, demo news, GC news, Mt Mulligan news, something unexpected?...

    I think we in great shape and the rerate could be anyday so I hold tight...Big money is not made overnight. To go from and explorer to making 100PLUS million a year will most likely take MNM a few more years but if we do continue and things work out hopefully MNM will be a company with a MC many many multiple higher,,,

    Time for IK to focus on gold and Mt Mulligan now....Let the experts work with BM and the demo plant and we can just be grateful that the 50 million demo plant is already aid for by Exergen...

    Brink on the drilling at Mt Mulligan and GC during the rest of 2012 and lets look FWD to some GREAT results...

 
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