AUL 0.00% 28.5¢ austar gold limited

2 bill investment to return 1.4 bill over 25 years is a 3%...

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    2 bill investment to return 1.4 bill
    over 25 years is a 3% return per annum.
    hardly worth the effort in my opinion.

    thought the coal was worth more then that!
    hope coal prices remain above present value.

    6 years is along way away, maybe 1 billion shares on issue
    by then.
    mantles share is 30 mill a year(approx) by 25 years is 700 mill by a bill shares 70c a share over the life time of the project.
    the market at time of production will value it at what? maybe 6 times earning so that 180 mill by a bill shares is 18c ............. :(
    "maybe i have my figures all wrong, im sure i have!"







 
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