AUL 0.00% 28.5¢ austar gold limited

Ann: Mantle Investor Presentation , page-18

  1. 2,568 Posts.
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    I get that deja-vu feeling at the moment with this stock. Back last year when the bm exploration application was announced sp jumped but the mc was still only several million. It seemed that the market didn't believe that the 1-2 billion towns of brown coal would amount to anything. A couple of months later the sp rockets. Lots of chatter on HC with some posts getting over a thousand views. Big volume trading days e.t.c
    Now nearly half a year later, test sample complete, bm licence granted, LV applications for up to 13 billion tonnes, exergen making noises, change of state political leaders, shortfalls in world coal supply, sustained high thermal coal prices,Texas coal licence, imminent carbon tax, Mt M court case turning in mnm's favour e.t.c.
    ...and I get that same feeling that the market doesn't believe that all of the above will amount to anything. Which is what I find hard to believe!
 
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