AUL 0.00% 28.5¢ austar gold limited

announcements and sp, page-3

  1. 3,122 Posts.
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    Well that now takes out the MNMOA's of being in the money once and for all???
    Colinc, it's not the announcements of this week that has caused the share price fall, it's due to the uncertainty of the ALDP decisions and Exergen's stuffing around with Bachus Marsh that has investors concerned IMO.
    In November 2012 Exergen released a flyer to announce a capital raising with RFC Ambrian as lead managers to raise $100 million and to date not a further word on that issue from either Exergen or Mantle?
    These continual delays has caused investors to run away from Mantle.
    Exergen are currently not helping our cause as they still have not updated the market on the CAG takeover, or has that now been scrapped? as they were initially going to be traded late July 2013???
    I re-read the ASX release re the Bachus Marsh joint venture today and Mantle stated that Exergen had 2-4 years from signing that agreement for the CHTD Demo Plant to be operational, that comment indicates a certain lack of confidence IMO as there is a big difference between 2 and 4 years?
    IK is obviously endeavouring to move the share price up as it is in his best interests as well as ours but until the ALDP grants are announced we can only expect more of what we are currently experiencing.
    Good luck all holders, be patient.
 
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