AAR astral resources nl

Ann: Further High-Grade Intercepts at Kamperman, page-84

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    We are similar to CMM in terms of what we can become. At time of their PFS (Oct 17; NPV of $144m), their market cap was $45m (or around 30% of NPV). Their market cap is now $3.5bn. There is no reason if we can get to production, that we can't be at least $1bn market cap (potentially $1.5bn given current gold price)
 
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