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28.5¢ austar gold limited

Ann: Company Update - Extension of Voluntary Suspension, page-44

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03boz

2,701 Posts.

118

07/02/20

21:18

Post #: 42812144
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Originally posted by 2020hindsight: ↑

I hear on the gold mining grapevine that this DOCA change came about because A1 is making quite a good margin. If that’s true then AUL should just watch in the background and focus totally on their own assets. If A1 isn’t going well then just sit and wait for a new opportunity there. And if there is another opportunity then make sure that time AUL go in hard, just for the A1 mine not the rest of the garbage at Bendigo and have their pockets full.

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Yeah 2020 I have been hearing that for quite a while now.
I have also heard that there's been a bit of cherry picking going on, just to boost a position at A1 if you get my drift...
CTL/A1 have be operating very profitably under administration, go figure..

AUL Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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