AR1 0.00% 16.0¢ austral resources australia ltd

300% by Oct

  1. 6,475 Posts.
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    AR1.............Copper Miner / Producer.
    Austral Resources................ 100% Australian

    Now that I've got your attention.
    From today, 17.5 cps to 60/ 70 cps by October
    I'm not going to say why, DYOR and prove me wrong if you can.
    Here's a taste

    Copper price, currently Aus$14000.00 per ton

    Quick Summary:
    Shares on Issue: 445,375,000 (+54mill options at various strike prices)
    Market Cap: $78mill
    Cash on Hand: $13mill
    Debt: $28mill
    Additional USD$15mill prepayment facility established in Feb 2022.
    Top 20: 81% (60% management held)
    (LD99)


    https://hotcopper.com.au/data/attachments/4274/4274988-dacf422238bd5a63526b9bad1b1a1a4c.jpg
 
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