AUL 0.00% 28.5¢ austar gold limited

reasons why, page-17

  1. 526 Posts.
    Thanks for the chuckle vertigo re your comments on mantle being a better st or mt investment than nru.just a couple of points from my perspective,
    I got out of mnm after there last bungled cr and the sp coincidently diving 30 odd percent a couple of days before the announcement. The writing was clearly on the wall then that they had nothing st that was going to drive the sp or even justify a cr to the market at those levels. Nothing has changed to this day, the two flagship projects and the very reasons most invested have huge question marks hanging over them and in Bachus marshes case, huge timeframes as well. I got into nru and it's there for all to see how that's performed in the last few months, the ash content in the high quality coal which may be of semi coking quality is a tiny obstacle compared to the many unknowns and challenges mnm face, none the least being the vulture fortend which is picking over the carcuss of what is left of the sp and peoples investments. I hope things improve because there are some good people invested in mantle but it's Gunna take a big announcement to shake fortend and gain investor confidence back because ATM no ones willing to touch it.
 
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