AAF 3.85% 12.5¢ austral africa resources ltd

heres another view folks, page-3

  1. 370 Posts.
    Guys

    At last some progress to put the AIM listing behind the company and move on.

    Selling the furnaces is the best thing to do. They are simply are not profitable and are consuming too much management time.

    The real value of AAF is in the tenements - this region of DRC holds some of the world's richest copper reserves. Prove up the reserves and we will see some real value add to shareholders. Take a look at Anvil mining. AAF still have good potential. Lets just hope they didn't burn too much cash and can fund exploration without further capital raising.

    A

 
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Currently unlisted public company.

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