"Austar's morning Star have the only approved and operational processing plant."
The plant has consistently broken down with little feed more times than a 70 yr old car that hasn't been serviced....
As far as exploration of the area, well this has been used many times in the past to redefine why "new" entities will work to absolutely NO avail, ALL ending up in admin or merging to another entity(in this case) where no doubt imho this "exploration area" will be used to raise more money when WRM shuts down for the 6 months of the yr that it has too......
Many here have bought much higher so the conversion gains will be all but lost, those averaging down are playing a dangerous game...
The coys at the top imho are looking after their big holders/sophs because they are in at much lower averages than the old holders and will get out at small profits or break even, but long timers will get shafted again......
The plant is crap(proved already) and the ground is NOT economical to mine(also proven)
The crew at WRM will spin this again and bring in new investors so the sophs can get out but mum and dads will always do their money here......
It has been a total shit show and AUL's complete failure for sh's will only continue at WRM unless you are in with the inner crowd
"Austar's morning Star have the only approved and operational...
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