AUL 0.00% 28.5¢ austar gold limited

a perfect storm?, page-39

  1. 4,255 Posts.
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    "Dapper, I very much doubt IK would be pursueing this if Norton wasnt profitable. IK would not put the company in that type of scenerio. He is avery Iintelligent man both on his knowlege of geology and finance side of things."

    Well said Navy.....

    Most of us would only buy or start a business if we expected to make a profit??

    Common sense SHOULD suggest that IK can mine the gold at a profit and he may even have considered some sort of gold/Aus $ movement to be pretty sure MNM can make a profit EVEN IF the Australian gold price drops.....

    Saying that,,,no guarantees in life. What your estimated costs are and what your actual costs are can be very different...

    Lets hope IK's conservative nature has taken this into account

    I would
 
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