AUO austral coal limited

poor half year results, page-9

  1. 261 Posts.
    re: auo last chance! The project is a dud.

    After 3 months they can't lift the longwall production over the 200,000 tonnes threshold.

    Its failed.

    They had their excuses in June, and in July.

    But August killed it.

    They project a full year profit of $5M.

    Sorry, but I think it will be a break even at best.

    Look at all the empty promises.

    This is a stock to avoid.
 
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