AUL 7.25% 32.0¢ austar gold limited

Ann: Update on Mining at Rose of Denmark Gold Mine, page-50

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  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    All looking very dodgy at present.

    No updates on production, to me indicates that

    the recovery rate is probably LESS than 1/2 of what

    is needed, to just break even. NOT GOOD !!

    We should have had an ann by now, saying they've done

    around two weeks production, for X amt of gold.

    They can't put off results much longer.

    Heading towards the end of this qtr. only 3 weeks away,

    and very little cash for next qtr.

    Maybe enough cash for 3>4 weeks, and that's it.
 
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