AUL 7.25% 32.0¢ austar gold limited

Ann: AuStar Gold Corporate Update, page-15

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  1. 1,204 Posts.
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    It seems always to be confrontational with you vertigo.
    You arent even willing to say whether MS can be mined at a profit but are quick to try to disparage others.
    I think the naysayers have been right on the mark so far!
    You will always get high grade hits, look at Maxwells from the past. Can any of these reefs be mined profitably. Jury out imo bht nothing I have seen in the results fills me with confidence.. Your opion ?
    Regarding the plant.... it didnt function satisfactorily for MCO but I dont recall anyone saying it never would. Jury still out as to its overall ability to recover high percentages. Your opinion?
    I dont recall, any statements about directors 'money in the game'either. Please orovide examples?
    A big 2019, well, imo, its make or break as far as Im concerned.
    80000t plant capcity p.a. at average 5 g/t is around 13000 oz per annum.
    At $500 /oz profit is $ 6,500,000 profit. Enough to excite the market and a significant s p increase? Your opinion?
 
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