one more addition in cost reduction is... top management hiring cost is shared between 2 mines..
May be saving in accomodation and other staff related expense. but I guess u included in "cost reduction of local".
it will take a while for all this savings reflecting on working capital requirement...if take it positively then.. it was not possible to buy much on .003 (well for very short amount of time and too risky).
now can be bought on .003 and can make our money count as giving it to Company directly. all CTL and AUL believers will be buying good..
**** this is now highlight
if existing share holder buy more or (any individual )then... many chances to sell 35 C or 37 Cent if not 40.. so by all means this CR will be successful and will not be shortfall.
don't forget about 1mil is underwritten.. so many punters in game.. be ready for pump
IMO DYOR
AUL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held