AUL 0.00% 28.5¢ austar gold limited

anyone still following this stock, page-10

  1. 3,091 Posts.
    Don't know where you get the comparison with the dot.com days. The reason these companies went under was because they had no assets, these guys have plenty of salable assets if cash strapped.

    The access to a 500Mt coal deposit is worth way more than the current $8 million MC. They still have $3 million in the bank which is more than enough to ride this out. According to reports the thermal coal market is still very strong if not increasing and the massive plans for a CSM to LNG plant at Gladstone shows that there is also massive demand for this commodity.
 
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