AUL 0.00% 28.5¢ austar gold limited

Ann: October Turnaround Performance at Morning Star, page-19

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  1. 7,319 Posts.
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    At the shareholders meeting I attended this year there was a real determination of getting the sp to around $1.50(after consolidation) and a conviction on how it would be done
    To get to anywhere near that it will have to be generating $30-40m p/a
    This they were aiming for in the first half of next year

    I say all things are setting up nicely for their prediction to come good
    Plant running full time with feed and high recoverables will be a good start and using profits to keep drilling the biggest gold field in Victoria to keep the high grade feed coming bodes well for share holders
 
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