AUR 0.00% 0.8¢ auris minerals limited

Ann: Trading Halt, page-16

  1. 4,929 Posts.
    HappyC,
    Well I'll have to say that the odds are well and truly in your favour HappyC. I know some will say that the company still have their eyes on F which is likely to be true. However, given that we don't have funds IMHO has caused us to change direction again. I would think that whoever is putting the money up for the CR will again be determining where RNI spends the CR funds, more particularly which has the greatest probability for a return. Not saying that it will come up trumps, but moreso not prepared to have their money continue with Forest.

    I am not saying this isn't tough, but one thing for sure which I continue to get frustrated about is that RNI seem to think that funding for a business is not a fundamental requirement along with the technicals and this didn't get dealt with many many months back.

    Anyway lets see what the CR brings, perhaps it will surprise.....however I am thinking we will be working on a shoestring budget and imperative that we hit the target quickly. More pressure, but hoping they pull it off.

    I think BBV spoke about the dilution and increase in Shares, simply supporting the argument.

    All IMHO. GLTA.
 
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