AUL austar gold limited

"Get some cash in the coffers, without dilution". IMO,...

  1. 195 Posts.
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    "Get some cash in the coffers, without dilution".

    IMO, unfortunately Jos, that simply aint going to happen. The cynic in me feels that the new team need their slice of the pie. What better way than to temporarily moth ball Norton (which was apparently going to bring quick cash flow and the report suggests that is possible), raise cash for MCO by way of a generous offer to related sophs, then when they have their fill, suddenly MCO and Norton are all go.

    As usual the long termers get diluted. But at this point. I would actually be happy if they pulled off the above plan.
 
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