AR1 0.00% 16.0¢ austral resources australia ltd

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  1. 9,333 Posts.
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    from an earlier announcement, cathode production should exceed 1000mt contained Cu monthly beyond July 2022 , so for guidance you should expect a minimum of 1000MT per month until the end of the Glencore contract as a minimum or until contracts change or additional contracts are written so for me this is why the SP is rerating the JV which IMO is massive on its own is a separate issue and hasn't had an effect on the SP yet ! Imagine AR1 will have $50million plus in the bank at the end of this first production year , I can't use emoji's but if I did you can imagine what they would look like !! LOL Cheers TT
    https://hotcopper.com.au/data/attachments/4387/4387684-a1ebf445c8d4468068874868c5783ce1.jpg
 
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