I wouldnt call you balanced but I'd call you reasonable and...

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BriggZ

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22/02/23

17:58

Post #: 66402751
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Originally posted by LD99: ↑

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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I wouldnt call you balanced but I'd call you reasonable and consistent. I'd be very surprised to see the SP fall back any further than 18.5-19 cents, or that $100M MC mark seeing as this quarter we should be expecting "earnings" of $10M+

the HY23 loss should sit around $15-16M, and provided the copper peice stays strong and our quarterly earnings are in the 10-15M range, we should be paying off all debt in the next 1-1.5 years. anyone crunching those numbers sees the potential for $60M+ free cashflow per annum just off Anthill, a figure that easily places AR1 as an extremely undervalued stock at its current price.

I totally agree that in the near term, cashflow and debt are going to heavily dictate the SP, however with minimal downside that 65 cents doesnt look so overvalued given another Qtr or two

AR1 Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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