AUL 0.00% 28.5¢ austar gold limited

aldp - frequently asked questions (faqs), page-5

  1. 4,289 Posts.
    Like a lot of the rules surrounding ALDP it can be interpreted 2 ways.

    It's like certain stock supporters believe strongly that some companies are gagged from naming any partners, off takers, funders etc... when other alleged contenders seem free to announce anything but the actual ALDP process.

    I just wonder how companies that miss out will explain the reason for their lack of success in the program.

    For instance if they were to miss out because of a lack of funding, how would they explain that lack of funding when the rules clearly state funding is needed, and the company has clearly stated to shareholders via the ASX that unconditional funding is available, and that they have put together a comprehensive submission and have a high level of confidence.

    Interesting times ahead for all contenders. I am certainly nervous about Exergen's chances at this stage, despite GHD calling them the benchmark in the Aus BC benefication space.

    All IMO & dyor

    Cheers
    B Rubes
 
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