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7.25%

32.0¢ austar gold limited

Ann: Appendix 3B, page-5

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Lucky Phil

451 Posts.

22

15/06/18

22:54

Post #: 33749878
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Originally posted by wagold ↑

So of the tranche, $200k left. (which if converted would bring the quarterly cash used inline with expected spend in last 5B).

1 way or another we will hear something soon about how this show will stay funded. It is making the consolidation of ROD look very good and it definitely has a part to play in a reason to fund or continue to fund AUL. Hopefully they have found someone better than the last lenders who look like they have been dumping everything asap after issue OR they actually have a way to self-fund. The aim is to be self-sufficient 1st Q 19 afterall.

So much going on and no way we will hear until everything is sorted out at the same time.

At least those notes weren't issued on the 13th or I would be pi55ed off, so it's obvious who has been pinning the price down during last 2 days - probably hoping to feed off us a bit longer.

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The price isn't sexy but the additional funds are.
Only issued yesterday so either all dumped today else a few more to come?

AUL Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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