Leverage to the next Pogo Deposit? AUL -> WRM, page-5

T.E.P.
My aim is not to discredit the “investment thesis”. Rather it is to highlight the never ending flow of unqualified promotional diatribe that is perpetrated here by the armchair cut and paste experts. If you are interested then please read my previous posts (and others who have knowledge and experience of the area and type of mining) so that you better understand all the issues.
The deal might go through but that would not change the prospects of the old AUL - rather it would chew into the finances of WRM as they threw good money after bad. The Morning Star mine is a great fit for a private syndicated operation - not an ASX listed company with a multitude of shareholders.