AUL austar gold limited

Email to IK, page-28

  1. 5,330 Posts.
    lightbulb Created with Sketch. 89
    LOL - if they need to raise capital to operate the quarry it is obviously financial not viable...
    As for your $1m/pa that's just polony. It's $6.3m for 2.5years and MNM came up with 6 months for payback so there goes your guess, vertigo.
    Anyway, Start up cost $800,000 as per MNM's scoping study, $2,686,000 raised in the last 24 months or since Norton was announced... Enough to get it going however still not operating... Why?

    Any buyers for the concentrate? Obviously not...
 
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