AAR 4.55% 10.5¢ astral resources nl

sudden interest, page-32

  1. 1,262 Posts.
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    Buddy

    I haven't been posting for a while but I thought I drop in with a couple of observations:

    1. you talk about the commodity boom AAR missed: you know (or should know as a holder) that AAR would have run into the collapsing Zn price had they moved ahead with KP at the time... KP now is more of a Co play than anything else
    2. and btw, last time round we ran from 3c to 13c, so plenty of trading opportunity
    3. you say AAR is probably running out of cash fast - have you done the numbers? didn't think so...

    Yes, we all are frustrated by the speed of progress, but as a long term holder I rather they get it right than fly and burn.

    I am looking forward to the KP FS and the market timing couldn't be any better:

    http://www.bloomberg.com/news/2011-01-19/global-copper-shortage-to-widen-on-economic-recovery-kamoo-says.html

    EE.
 
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