AR1 0.00% 16.0¢ austral resources australia ltd

1000+ tpm Copper Producer, page-19

  1. 7,350 Posts.
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    I've yet to be unbalanced, but normal posting that isn't ramping the shit out of anything is probably called down ramping to you.

    Their earnings are going to be negative so I wouldn't call them earnings, if that helps. They were only cashflow positive in Dec by roughly $1.5mill by my calcs, the other few months were similar to the negative. Will be a double digit HY23 loss easily, just depends by how much.

    Need to focus on the balance sheet, there's still some of debt so I'm keen on seeing where that stands.

    I've never said I don't like AR1 at any point, there's just value and it was well over valued at 65 cents.

    I've never said that I'm always right nor the smartest guy on the street, unsure where you're heading there, but its increasingly evident when market runs and market pull backs are coming to fruition with start up mining companies.
 
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