AS1 10.0% 0.9¢ asara resources limited

Ann: Brandon Hill Capital Research Note, page-2

  1. 4,872 Posts.
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    A very positive report, and all the nicer for being independently produced.

    "[Brandon Hill Capital] values Golden Rim at A$121.3M"

    This valuation is based on the earlier work by Herencia extended to include the publicly announced drill results from Golden Rim.  Their assessment of the geological context is that further exploration is likely to improve the valuation further.  They also have only included a "nominal value" for the Kouri prospect but observe that the area could result in a significant mineral resource.

    Surely now somebody must notice that this company is a steal at its current price!
 
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