AUL 0.00% 28.5¢ austar gold limited

Ann: Annual Report to shareholders-MNM.AX, page-3

  1. 2,568 Posts.
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    Vertigo, Metalbank just raised a few million. Can't imagine that our new management have not been in talks with mbk management. Imo Norton at this stage of development, and at this gold price, and being such a crucial asset for mbk to acquire, should be worth upwards of $3million to them.

    It could be our next piece of news. Along with some ann outlining the company's intention to get the Morningstar mill ready to accept ore from the nearby A1 mine.

    Get some cash in the coffers, without dilution.

    Also, from your link posted last week re Morningstar, there was an interesting point made that Morningstar mine did not closed down through lack of finding high grade ore to mine. More that the gold price was low and power costs were high. Which is of course no longer the case. Expecting good things from this management and Morningstar mine.
 
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