AUL 7.25% 32.0¢ austar gold limited

Ann: Drill Update Reef Extensions Confirmed McNally's RemainsOpen, page-166

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  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    "Making your own rules up again zero? No use whinging about what a company has spent over the years to get to where it is"​

    Unreal statement, and just where "is it" by the way?​

    Enough cash for roughly one month into next qtr.​

    Won't say how much gold the mill is producing, and no doubt will try​

    and suck people into yet another c.r. ?.​


    So if you spent $500,000 starting up a business, that doesn't matter,

    only the return on current expenses counts?

    Go borrow the money to start a business up, from a bank,

    and see whether you have to repay the loan.

    Mining companies do seem to think that getting investors

    to pour more and more money in, for no return, is acceptable.

    Don't ever start a business up, you'll be in for a rude financial shock.

    # To be 'profitable, need to recoup every cent, ever spent.
    Last edited by zero2a$mill: 21/03/19
 
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