AUL austar gold limited

Great call. I forgot about ELF for long suffering holders of...

  1. 10,776 Posts.
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    Great call.

    I forgot about ELF for long suffering holders of AUL.
    Basically the way the Loan structure worked was to extend options I purchased for .001 . They somehow underwrote $14m of loans and as a result the company has been able to mitigate capital raisings as over $5m has been given to the said company I will not mention.
    Its a better option than directors buying the stock that they have to one day sell off..
 
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