AUL 7.25% 32.0¢ austar gold limited

AUL is now a Gold Producer, page-11

  1. 1,451 Posts.
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    Cheers Izzy.

    I am not smart enough to give it a proper SP.

    But commencing the plant operation is a great step forward. That is 1 thing IMO that all explorers get stuck at. They might discover Millons of Oz, but never get to starting to mine, for years, even decades.

    The next major step, is paying dividend. Even if they pay $0.0025 to $0.005 dividend. It will get people to trust the company as a long term investment that gives regular income.

    That will set the SP off, as people actually get to see some returns on Investment.

    Hope they go in that direction, plant operation and a 0.5 cent dividend per share in the 1st year.

    Eventually, hope the y reach a 5 to 10 Cent dividend pa in 2 to 3 years, and 10 to 15 C pa in 2 or 5 years (With additional resources and larger plant)
 
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