AAR 1.20% 8.4¢ astral resources nl

next gold pour, page-3

  1. 3,088 Posts.
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    I only know as much as what has been announced to the market. Mandilla looks like it should be highly profitable especially if grades continue at the levels that were found in the first load. These guys have got Mandilla off the ground very quickly and maybe they can do the same with the Koongie base metal find. AAR have cash coming in ($13m in 9 months), an exciting base metal discovery/project at Koongie, and further upside potential at Mandilla. All for $36m? Looks too cheap. December will be peppered with a number of announcements that could positively reinforce the position of this little beauty.
 
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