The major shareholder has been propping up AUH for a few years now with quarterly cash (loans) injections, and that's on top of the initial takeover. They have too much invested to let this one go. Whoever is behind Ranger Resources http://www.rangerresources.com.au/ needs extremely deep pockets to fund the development of the gas fields e.g a major international. What we don't know is what AUH is going to do with the $6M from the sale of Surat Gas????
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The major shareholder has been propping up AUH for a few years...
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