AUL 0.00% 28.5¢ austar gold limited

mt mulligan news, page-26

  1. 7,453 Posts.
    Has anybody in this thread rang company of late,or spoken to ian about the debacle that happened or mt mull where we are atm?

    Because if not i will call tomorrow,and check progress,but agree ,great time to accumulate in times like this when sentiment is wavering,gas and coal will change that as we have said before

    I remember recently when initial market ann said good quality phosphate initial results,and because of low market cap and not many shares mnm moves hard on any positive news

    Just remember all the eyes on the sideline,watching and waiting,its only going to take 1 thing to be positive for his coy,and sentiment will push ,as all things are still based on potential,when potential turns to reality,those who speculated at times like this will be glad of their forsight andrisk management at this price

    Bottom line,from here 2bagger is a certainty on anything pos

    Ian kraimer is a young man with a young family,this is his chance at the big time,as i see it ,why would he leave mid management in a big multinational corperation and risk a finacial future and golden handshake without knowing his his chances with a little company explorer like mnm?

    Makes no sense for him to do this,or the fact that management backed themselves last september,owning a lions share of options,organise a smoking ceremony with the traditional owners of mt mulligan,with government approval
    proving they expected this to go ahead and give us a much needed revenue stream!!then from left of centre calcifer
    blow this great work out of the water and the great plans of management are crushed,leaving them and option holders
    deeply out of pocket.

    Point being,management put their own money on the line,you cant ask for more than that!!

    The company position changed in light of the above,and with the gfc and money not easy to come by,management took a voluntarycut(also a positive imo)plan b was put into action,which under the circumstances takes time to do

    We underwent a cap raising ,and the direction is now focussing on the gold while we await mt mulligan news(whenever that may be,but remember its in all partys interests to go ahead,just how much pie each get is the dispute,so imo its just time and patients.This could appear at anytime,keep that in mind,and when not if imo
    that puts us all in a completely different position and a place of strength that will change everything

    Remember ian could have entered mulligan before sept last year,but he didnt because he didnt believe the paper work was in order,so he waited until this was in place,so based on this fact,i believe we are going to come out smelling like crushed rose petals ,because court unfortunatly takes time and cash,but if you think you have the agreement in order,surely that makes things positive

    I believe management know how this is a company changer and this is why things seem to be stale and negetive

    For me i never expected from the initial tests along time ago for phos were poor about 10parts per mill,anything in this regard was a bonus,matters little to me in big picture
    yes this was a stuff up,but i believe its the first one,we all make mistakes and management will be on their toes now nowing what is at stake from this stuff up

    coal csm and gold is where the money is here,patients is a virtue,those who posses it will be grinners later

    all the best and keep the faith,my only worry is can we do things before the gfc part starts,thats my question??

    riddle me this batman?
 
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