AUL
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0.00% 28.5¢ austar gold limited

Ann: Regional Exploration Program Update, page-4

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  1. 03boz
    2,701 Posts.
    lightbulb Created with Sketch. 118
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    02/09/20
    15:53
    Post #: 47027721
    I think they would have had some seriously good farm in offers on the table, but with the current cashflow positive potential of McNallys and the successful drilling campaign underway, plus a dedicated drilling team, they have decided to undertake reagonal exploration and keep any potential upside in the company for the benefit of current shareholders.
    Another good move by our BoD IMO.

    Last edited by 03boz: 02/09/20
    AUL Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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