AUL 7.25% 32.0¢ austar gold limited

Zencol the old pirate project looked fantastic on paper 7-10...

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  1. 2,335 Posts.
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    Zencol the old pirate project looked fantastic on paper 7-10 grams head grade open cut from surface minimal dilution decent tonnages no development or cutback costs to get to the ore , free milling gravity plant ,simple tailings disposal. Some claimed could of been lassiters lost reef . Yet still went belly up . Biggest drawback was the remote location.
 
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Currently unlisted public company.

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