AUL 0.00% 28.5¢ austar gold limited

IK presenting at QEC forum, page-12

  1. 11,416 Posts.
    lightbulb Created with Sketch. 350
    Reasons not to apply:

    1. History (even though past performance is not an indicator)

    Reasons to apply:

    1. The new shares come with options, which even colincj has managed to sell previously for a profit. Selling for 0.002c when issued for free is a profit.

    2. The money is to be used to purchase equipment for the setting up of a profitable mine.

    3. Announcements on sorter trials or deals with tolling plants could come out anytime

    4. The intention where the money had been spent has been spelled out in detail.

    5. The offer values the company far below its peers on just its gold.

    6. This is likely the last raising for a long time if ever.

    6. The deferred negotiations with coal companies could be reinitialised at anytime.

    7. Exergen could release a detailed plan for their demo at anytime.

    8. IK intends to market the company to investors at upcoming roadshow.
    Last edited by vertigo: 11/02/15
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.