AUL 0.00% 28.5¢ austar gold limited

fishfinder:It is the same old news.However I could not agree...

  1. 168 Posts.
    fishfinder:

    It is the same old news.

    However I could not agree with your understanding in respect with the JORC.

    The presentation clearly says "Coal Bed Methane Pre-feasibility" in the next 18 months. My understanding is that before you conduct a pre-feasibility study, you would need a JORC in hand. In fact, they plan to go one step further than JORC.

    I had a very brief talk with IK today. Basically it's only one question, as IK was about to go somewhere and was waiting for a car (forgot to ask him whether company car or taxi, lol). I asked him about Mantle's new timeline about the coal JORC, given the delay in access. He clearly said that at this time, he was still looking at the guideline given in previous announcement, i.e. by the end of this December. I was a little bit surprised and asked for his confirmation. However he said that he couldn't talk too much privately and would disclose everything in the coming announcement (didn't say when).

    cheers

 
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