AUL 0.00% 28.5¢ austar gold limited

joint venture

  1. 178 Posts.
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    I notice in the company update in relation to Bacchus Marsh that a pilot plant to test the commercial viability of exergens technology is being planned. What sort of timeframes are we looking at here and how is it going to be funded given that the capital raising has only allocated $350000 towards Bacchus Marsh . And surely the joint venture won't go ahead until the results of the pilot plant are available? Also surprised that the majority of capital raising is being allocated to Granite Castle Gold Drilling and Bacchus Marsh only third after Trafford Coal court case. A lot of money for a court case that seems only a rubber stamp job!
 
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Currently unlisted public company.

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