IGO4IT, I couldn't agree more!
I believe this is a responsible way of getting enough funds for AAR to do any or all of the following:
- finalise KP feasibility
- acquire additional tenements to increase KP resource as foreshadowed quite some time ago
- mine Feysville based on at least 25k oz, maybe up to 50k
Following the CR we should expect announcements that will lift SP well above the 3.5c level:
- increase in resource at KP / JORC resource
- Mining at FS, generating ~$800/oz; I would have thought based on Mandilla experience this is very conservative and will get AAR 20m+ cash in bank
So yes, we should be positive and I look forward to the next few months.
EE.
trading halt, page-27
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $98.19M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $132.7K | 1.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 402668 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 410000 | 4 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AAR (ASX) Chart |