AUL 0.00% 28.5¢ austar gold limited

investor presentation, page-16

  1. 4,255 Posts.
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    "Very excited news in oppies NRU it may happens the same in MNM oppies in the medium future"

    Hi zarra, That was good news for NRUO holders but this also tells me that they know the NRUO will not be in the money in the next few months,,,not very bullish IMO but good for oppie holders all the same.

    IK on the other hand has just bought 3 Million MNMOA and he has a price target of 20 cents by June,,,,Seems like they very very bullish MNM and not very bullish NRU IMO

    I dont think IK would have negotiated MNMOA if he didnt expect to profit form the package. He is taking a paycut in order to get these incentives so its not a freebie either...

    IK now has as much incentive as MB and the other shareholders to get the SP rallying...

    I dont think the timing is coincidental either...

 
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