ANS 0.00% 1.7¢ austsino resources group limited

Not really. These mines are in the middle of WA it costs a...

  1. 376 Posts.
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    Not really. These mines are in the middle of WA it costs a fortune to have material carted to port headland by truck. Having a rail link would cut costs and increase production significantly. On the other hand if this does not happen I would expect the price to get down to what our Chinese savior paid for his shares. He can get out Scot free, everyone else will pay the price for incompetence. Everyone has their idea of share price spreads.
    This is mine.
    Not sure how you can make a judgement on how this will open up .05 till we get some idea of takeup.
    50% increase without knowing the facts. When the last close was .07 and its a lot more diluted now.
    Sounds a bit ambitious to me. But I hope your right.
 
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