AUL 0.00% 28.5¢ austar gold limited

The only way is up, page-35

  1. 4,255 Posts.
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    " I do however ponder how the structure will remain where we have entered into a JV with Avanti and are now taking on a partner in IBML."

    good post JJJ, I agree completely.

    I do not think the JV with Avanti will be an issue.
    Avanti will still own 10% as per JV and MNM/IBML will own the rest.

    Does anyone know much about IBML copper assets in Namibia? I had a look at the IBML website and seems like IBML has a pretty serious/large Copper resource which "MAY" be worth some money LT when copper prices rise?
    Seems they have a few issues with regards to the big copper assets which hopefully gets sorted.

    I like the idea that MNM has Coal, Gold and more Copper. Very diversified with CASH.......

    Not many small Caps out there with this many economic projects and about 50% of Market cap in cash and some Accumulated losses to offset profits in the future when Norton and MCO producing.

    dyor I am excited.....We needed something to happen and I think this Merger will be a win win for everyone.

    Lets get our resources out of the ground and hope the commodity prices move the right way
    Last edited by fakeshark: 02/02/16
 
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