Aurora Acquisition Corp (AURC)

[BonelessCat]

This is what they are buying and this is why the offer is only .55 a share.

KRONG LIMITED LIABILITY COMPANY
c) The account of minerals

"The company has the license for the right of use of bowels the МАГ 02240 БЭ - extraction of gold on the site of bowels located in Jagodninsky district of the Magadan region. Validity of the license - on December, 31st, 2008 with the right of prolongation."

http://www.auruscorp.com/financial_statement_06.pdf

MINING CORPORATION" ZABAIKALGEOPROM "
d) Property, Plant and Equipment

Property, plant and equipment are stated at historical costs. Major renewals and betterments are capitalized and expenditures for repairs and maintenance are charged to expense as incurred. Depreciation is provided at the following rates, using the straight-line method, which are formulated to charge operations with the cost of the equipment over their estimated useful lives as follows:

Buildings, constructions 5-20 years
Plant, machinery 3 -20 years
Vehicles 7 years
Computer and telecommunication Equipment 2-4 years

http://www.auruscorp.com/ZG2006Dec%203.pdf