Ann: AuStar Gold to be acquired by White Rock Minerals, page-40

Answer these questions for us please.
How many years has MNM/AUL been in existence( I say existence rather than business).
How much have they raised and burned over those years?
Do you actually regard your time as a shareholder a rewarding one? Because it certainly hasn't been profitable!
I don't understand why WRM made the offer. A least one of their projects seems a far better bet than AUL. That would shake my confidence if i were a shareholder.
If you read all the historical stuff its easy to get caught up in the romance of high grade gold. The grades seem so good but when you dig a bit deeper you understand the hand sorting that took place, the cheap labour and non existent OH&S. You look at the yearly production figures of the Star, A1, RoD etc and none pumped out that many ounces per annum.
Anyway I'll wait and see if the deal actually goes through, is there a DD peroid?