AUL 0.00% 28.5¢ austar gold limited

about to fly-worth a look imo, page-37

  1. 2,568 Posts.
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    Agree with most there Fakie, especially the MNMOA'S. weare less than 6 months from their conversion. At the current rate of drilling activity ( or inactivity) and the company can get to January on the current funds and get either of the two options on issue well into the money and holders converting those options then we will be well cashed up for the more expensive company operations like S7 tender, Mt Mulligan development e.t.c.

    Just a side note. Exergen have not stated they are chasing 30 billion tons of LV brown coal. That was a misinterpretation by a poster of the sentence that Exergen is chasing BC in LV, of which there is 30 billion tonnes. The ambiguities of the English language mislead again.
 
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