AUL 7.25% 32.0¢ austar gold limited

cash flow positive i doubt it on only trial mining, they need...

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  1. 32 Posts.
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    cash flow positive i doubt it on only trial mining, they need millions to get any where near a full production gold mine, IF it works on the trial ? MCO failed and went bankrupt after spending millions on morningstar mine they have a LONG way to go yet, and its all maybe ,if, possible talk , coming cash flow 1/4 report will be ugly near zero cash left IMO , the 3 b deal is a desperate plug the hole finance deal not good for shareholders ,magna are the loan sharks of the ASX ..long time before punters can crack the champagne corks yet IMO
 
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Currently unlisted public company.

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