AUL austar gold limited

Just the confirmation of issue of new shares under the recent...

  1. 8,157 Posts.
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    Just the confirmation of issue of new shares under the recent placement.

    Except it isn't ...

    They also confirm that coal seam thickness is well above expectations in the latest 2 drill holes.

    Possibly it would have been nice to see that is a separate ann so it doesn't get missed.

    For all an HC though we do not miss things like that.

    Hole MBM 007 coal seam thickness 12% greater than predicted.

    Hole MNM 008 coal seam thickness a whopping 36% greater than predicted.

    Current guidance is for 1bn - 2bn tonnes at BM. I am beginning to think that we will be nearer to the 2bn total if we continue to produce coal seam thickness results so far above expectations.

    7 more holes to come I believe.

    Happy days.

    EB
 
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