AUL 0.00% 28.5¢ austar gold limited

Ann: AuStar to become a major secured creditor of Centennial, page-183

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  1. 8,417 Posts.
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    "The mining happening ATM is only small scale so the importance that should be placed on it ATM is not high IMO. The reason the scale is not higher is there are limited drilled areas to mine. In order to increase reserves management could spend 4 million drilling, or spend it buying an existing local mine."

    Reads like AUL have no mineable oz's and are making a play at getting A1 before game over. Finally we agree on something
 
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