AAR 3.70% 7.8¢ astral resources nl

congrats to all holders.., page-10

  1. 9,188 Posts.
    what type of target do you think it is?

    everytime ive spoken to the co theve told me their not hear to over-exagerate and that they believe in just getting the job done. So is that an over, under, or realistic expectation. Im inclinded to think under. Under would be compatable with managments type - certainly not over?

    Agree, it clearly an exploration target at this stage, but that resource could be huge in itself.

    Eventually, i think they will:

    1) Dig out and sell all the gold at East Mandilla
    2) Get Koongie up-and-running and make that the numero-uno focus

    and 3) Maybe farm-out VD to RIO, BHP, ZFX, PEM, or anyone else. Maybe farm out 51% and retain a 49% free-carried interest.

    We shall see over time
 
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