AAR astral resources nl

resource upgrade, page-58

  1. 1,262 Posts.
    lightbulb Created with Sketch. 28
    Fair enough gazzat, But:

    ...a maiden high grade supergene resource of 0.37mt @ 4% Cu - that's $A125m worth of metal that can be mined open pit; what would it cost to extract the metal? 20-40m? still leaves 80m cash

    ... the supergene resource also contains 14m of silver plus zinc and gold

    So just scratching the surface (literally) at Sandiego will put >A$100,000,000 into the bank.

    What on earth are we all worried about?

    and why is the SP not 20c?

    EE.
 
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