AUL 0.00% 28.5¢ austar gold limited

Ann: Norton Gold Mine Joint Venture Executed, page-31

  1. 683 Posts.
    BR go and ask the shareholders of ERA how much it cost them when their ranger mine flooded in wet season and they lost 6 months production getting it dried out.How would mnm cope with that situation if they have blokes on site that need to be paid every week,but their is no income? They'd go into administation, that's what would happen. It's a different ball game once you stat having to pay a contract mining company's large invoices and you start having cashflow issues, it can send you broke real qiuck.Its a risk you should at least consider before you part with even more of your $$$ rubes.
 
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