AUL austar gold limited

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  1. 11,416 Posts.
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    More misinformation from aurifice.

    " Much of it refers to open cutting Morning Star Hill"

    Incorrect, 184,000 of the 910,000 comes from open cut, this is not much of it.

    "The company has a history of using “plant upgrades”, “mill outages” etc since declaring Commercial Production as excuses for their abysmal performance."

    The upgrade of the plant, has only just been completed, so it has not been used as an excuse. Their performance has been measured as they have taken a measured approach to restarting the mine, not accruing a large amount of debt.

    I should note that aurifice has been bullish on the mine if it was run as a private operation. Perhaps there are ulterior motives there.

 
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