AR1 0.00% 16.0¢ austral resources australia ltd

1000+ tpm Copper Producer, page-22

  1. 228 Posts.
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    Keeping a close eye on AR1 for sure, looking good with some +ve cashflow!
    I'd say CYM ticks all those boxes that you mentioned: huge amount of infrastructure (airport, accom etc), can be restarted within a year as a SXEW plant exists, as well as as a sulphide concentrator, capital costs for restart about $200 mil, chasing finance right now and in a halt pending whether finance has fallen through or been successful, has both a large oxide and sulphide resource...
    Wonder if you have had a look at them?
    Unfortunately, we have LD and many others over there constantly whinging, whining, and downramping at max effort as well

    I think it's rough for most of the small fish at the moment, lending and finance is very difficult, but hopefully the copper price stays strong and goes higher to get us all into a highly profitable space!
 
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