AAR 4.35% 11.0¢ astral resources nl

A nice bit of exposure for Mandilla, page-7

  1. MrQ
    5,148 Posts.
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    Hit the go button too fast above:

    Whereas currently we have 115k ounces giving net income AU$115m, then modify that by overhead, deductions and tax to give say $85m divided by 350m shares is 24c a share less risk. Again, based on mining expenses of AU$1,800. Pump that share price number up a heap if you think mining expenses are a heap lower, like a number of smart posters on here believe.
 
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