AUL 0.00% 28.5¢ austar gold limited

mnm phosphate neighbour is running, page-17

  1. 12,414 Posts.
    yeh thats the one Pocketnews... It was a summary of the chat that I had with him a few weeks ago.. He is very keen to get the phosphate project moving, hence why he has hired a local highly experience geo recently.

    I just want to clarify your comment above below:-

    "slappi, hopefully ian aint full of sh*t and will actually get things rolling and meet his targets this time round."

    This was never his time line.. I believe if you look at the quarterly which was released on the 31/01/2008 where it was suggested that the Mt mulligan rights issues were sorted by July. It was then that Ian Kraemer was hired on the 06/02/2008, that he took over the reins.. So in fact I have a gut feeling that the management before him were setting unrealistic time frames (not sure if this was because of inexperience or what?).. I'm think inexperience, that these dates were set..

    Looking forward to the next 6 months.. regardless of market sentiment, coal and cleaner energies are going to 'steam' ahead..

    Cheers
    Kevi


 
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