AUL 0.00% 28.5¢ austar gold limited

Ann: Company Presentation - June 2020, page-40

  1. 7,296 Posts.
    lightbulb Created with Sketch. 947
    The plant is ALWAYS getting upgraded because it cannot handle volume...

    Not many quarters without something breaking or going wrong..Good job in one way that AUL didnt have enough feed to go 24/7 because we would probably be broke.

    Averaging down?......Thats been done with now risk overhanging....How can you average down with no stock to buy????Unless you hold very little stock of course..??

    Where are they going to buys rigs, pay existing and new invoices, labour and other expenses on what they have left in the bank?.....

    They said they would be drilling over a month ago, they now said they were looking at buying.....ALL talk and no action and gold at highs...

    Defending AUL with a 80% decline in SP, sentiment, volume non existent and management that have had enough time to do something is now hard to excite about....
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.