AAR 0.00% 8.3¢ astral resources nl

east mandilla, page-3

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    lightbulb Created with Sketch. 42
    Hi jhui,

    Page 21 of the 2009 Annual Report explains it. Not going ahead due to a high stripping ratio therefore a low profit margin. I rememember asking the question of the company at the time because it was all go go go and then all of a sudden nothing was heard about it. Hidden somewhat I think. :-)

    This is a timely warning that we still need to cross that bridge with Feysville but the company does seem to be a little more positive with some of their statements on Rogan Josh so hopefully it won't meet the same fate. :-)
 
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