AUL 7.25% 32.0¢ austar gold limited

Ann: Rose of Denmark Gold Mine Operational Update, page-12

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  1. 9,999 Posts.
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    "why Lord muck is on the board, and why he is there, how he will participate as a director, whilst living in London. Thank you."


    I thought that was an easy one. The Lord put in $5.5m and a seat on the board he has a say how that money is spent. He obviously has access to funds for investment which can help the company grow in the future and also access to a larger pool of investors to promote the company to. 


    Looks like a win win to me?

 
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