AUL 0.00% 28.5¢ austar gold limited

Does someone have the answer as to whether sterile land can be...

  1. 133 Posts.
    Does someone have the answer as to whether sterile land can be re-categorised ? and does the rights of the traditional land owner (and thus signing the ILUA) over-ride the decision of the Qld government to propose a National Park.

    From all the posts and information in the announcement it sounds like the ILUA can over-ride the National Park proposal, so how do we get the land reclassified from sterile. Which government department will IK be visiting today and has reclassification happened in the past ?

    Answer these questions and then you have your value ?

    Instead of looking at share cost per share (i.e. 30cents) you should consider the market cap and the number of shares on issue at the time for a more accurate share price estimate, noting the many extra shares on offer in this company, so 30c a few years back is different to 30c today.
 
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