AUL 7.25% 32.0¢ austar gold limited

No funding arrangements for this quarter nevermind this year...

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  1. 554 Posts.
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    No funding arrangements for this quarter nevermind this year have been sorted.

    I'll be expecting a consolidation then further dilution, because diluting at present is going to get stupid real quick.

    I was hopeful that the necessary controls were in place to stop this kind of announcement being dropped, and they did mention that in the announcement (with a positive 34-44% increase on drill grade). It appears they can't get face sample assays and dilute them by the relevent amount for grade calculations, so I am out because I can't trust them to do the right thing. High hopes for them, but what can they do when they're at the mercy of funding?...
    Last edited by wagold: 03/07/18
 
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