Have followed this one for a while thankfully not long yet, would have jumped in with an A1 merger immediately. Junior end of market getting harder as fewer stock brokers prepared to do the hard work and understand assets. Quality of Boards in all junior co's hit and miss they get paid peanuts for the personal risk but their are some thieves out there don't think any on AUL Board. Hard to attract real management / board talent when working hand to mouth every month. To many similar Cos on ASX total joke ! Lots of advantages at AUL (plant, location) but the Achilles heel on this Co is no proven Resources. Dumb or lazy stock brokers with small calculators can't do the maths on valuation so its too hard. If AUL does not find bankable oz's or try another corp deal soon it should just privatise and let the true believers get on with it and roll the dice without the distraction of news flow. As a public Co you are explorer or producer and confusing if try to do both ! Without broker support these Co's spend $$$ on PR firms which gets pi$$ed in the wind to nobody listening. If you are hot on Vic Gold this one has most leverage to the upside but is risky. Few other Vic Golds less risky and better capitalised. Board needs a Geo on it if exploring and less corp types until they can afford it. One Director has real skin in the game so he gets a leave pass. A1 total rocks in their heads for not supporting a deal to consolidate the region watch that one try to come back to market and fail again unless it changes big time. Good luck but wait and see post capital raise.
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