AAR 0.00% 12.0¢ astral resources nl

scoping study out, page-38

  1. 24,386 Posts.
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    ""I don't agree.... the statement is cash positive with an NPV of $36m including reasonable funding costs at an 8% discount and an IRR of 31% with a payback period of 2 years.""

    Gazman,

    Read my post properly.

    All I have said there is, are the figures supplied (Cash positive $36mill, and the $412mill) for the one year of eopartion or for the whole of the operation.

    That is what has been clearly missed in that announcement.

    If it is for one year, I would have to agree, but if it is for the whole of the operation, we are simply lead by the nose, once more.

    Don't forget that in the past they got many many millions of dollars from the gold, and where that amount of money got us to.?

    The market didn't like it one bit. And you can't deny that. I will endeavour to ask a friend of mine who is in these sort of things to have a look at it and see if I missed something.

    Buddy

 
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