AAR astral resources nl

resource upgrade, page-71

  1. 1,262 Posts.
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    Buddy

    not ramping just sharing my thoughts... why don't you give me your thoughts re. cost etc?

    Until you do, this my view as stated earlier: "..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."

    Buddy, maybe you produce something (i.e. estimated costs, recovery etc) that helps me understand why I am so wrong.

    EE.
 
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