AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-164

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  1. 4,019 Posts.
    lightbulb Created with Sketch. 22
    I wish this was a guarantee.....nothing in life is.
    i thing most holders are hopeful, excited and optimistic.
    I dont think and new business or mine can offer a guarantee of long term profits...
    prices change- products change- dem
    and changes.

    the current SP reflects the risks.
    there are lots of old shareholders who lost money on AUL- just look at the SP over 10 years and its obvious.
    i lovevthe fact the the gold price is high. If ut stays at these leves it will support the AUL goals- if gold goes higher- even better- uf it goes lower thats obviously a negative for AUL.

    AUL has lots of assets- gold- land with gold- they mining- all this for a 14 million MC company.
    if the mgt and geogs get thus right all shareholder should benefit from a SP rerate...

    what SP will depend on revenue- drilling- resource size- size of margins- gold price- our ability to grow.
    dyor- i am holding tight
 
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