AR1 0.00% 16.0¢ austral resources australia ltd

thats a fair enough view, it has run quite hot and any stallimng...

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    thats a fair enough view, it has run quite hot and any stallimng of that is lightly to see short term traders dump and run and we might well pull back to 40c or so off the back of that if no news is forthcoming, but a lot of this run is playing catch up on severely undervaluing current operations.
    current operations gives us 250 million free cash over 4 years

    +copper on the rise
    +potential jv
    +30,000m exploration campaign that has the potential to double the resource
    +capacity only 30% so no need for capex if production increases

    by the way mgmt are talking recently its a when not if for a JV by the sounds of things... so temptying as it is to drop a few shares to be free carried, i think i'll hold on to them all for now
 
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