AUL 7.25% 32.0¢ austar gold limited

Ann: Suspension from Official Quotation, page-33

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  1. 1,204 Posts.
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    How much gold was produced and what happened to it is an unknown. I was only talking to UFX last week about that very thing.
    There were bottle roll tests(I think that's the terminology) conducted by Gekko that produced gold, there was gold in concentrate produced, I was sent a photo of a gold pour late in the piece( after I was out actually) and there was the nuggetty quartz samples seen by those on the investors day.
    I also received a photo of the guage showing the throughput of the plant above name plate! So MCO did get the plant producing, it was the grade that was the problem. They needed 8g/t as break even and were getting 2!
    Yet I can't recall any notification of sales. Hmmm better stop there as may get into sensitive legal issues.
 
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