AUL 0.00% 28.5¢ austar gold limited

bit of reading...between the lines, page-66

  1. 2,232 Posts.
    Evening K...

    "Get that $4 million cash banked, get DFT's done, get the Coldry module up and running, get AGL's LY on board, get royalties established without further massive share dilution and I think you have a winner."

    Couldnt agree more....nice summery of the roadmap. Still dont think you have grasped the "debt finance V dilution" scenario...

    Do you really think anyone is going to lend ECT $50m to be paid back via royalties?

    Nahhhh
 
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