AUL 0.00% 28.5¢ austar gold limited

calcifer, page-27

  1. 4,289 Posts.
    I received news that Co should be in a position to update the market "shortly" re-calcifer/mt mulligan. Fingers crossed for good news and not further delays to what seems to be inevitable.

    I like this part of westtiger's post -

    "Bandana energy(BND)have 6 bidders lining up to buy them out at the moment.They have reserves of 1.4Bil tonnes of thermal coal and a market cap of close to $1 Billion.All things being equal,this should value Mt Mulligans 500mill tonnes at 350 mill........That would value MNM shares at $1.75per share if the price the market is valuing BND is anything to go by,and that is just for mt mull...........

    Bring that on!

    B Rubes
 
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