Australia's largest stock trading and investment forum Australia's #1 stock forum

AAR

Click for more information

4.76%

8.0¢ astral resources nl

Ann: $7M Placement to Advance Mandilla & Feysville Gold Projects, page-9

First 9 Last

Share
Profile

Follow
yatchy

9,579 Posts.

792

29/03/24

11:44

Post #: 73116813
Share

Originally posted by anthony cox: ↑

This little Aussie battler has been around a long time and began as a base metals prospect with a massive amount of silver. AFAIK they still own all the base metal and Ag but these are not added to the resource amount, only the Au. Shares issued are still under the magic 1 billion. The $7 million raised will bring cash on hand to about $8 million. I think it likely the oz will crack 2 million. At the current price of Au of $3300 (Aust $) that would value the gold resource only at over $6.5 BILLION. Gross. Mining recovery always exceeds the pre mining estimates. This prospect is now firming to be one of the best in Australia.

Expand

anthony cox get it right bloke POG A$3427.43c A$677.43c above the Scoping Study gold price of A$2750. We be in the money boyo!!!!! So an extra A$677,430,000 on 1mill OZ's Resource!!!!!

AAR Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 47 more messages in this thread...

First 9 Last

Add AAR (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change -0.004(4.76%)		Mkt cap ! $74.64M

Open	High	Low	Value	Volume
8.4¢	9.0¢	8.0¢	$228.0K	2.709M

Buyers (Bids)

No.	Vol.	Price($)
1	6361	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	428169	2

View Market Depth

No.	Vol.	Price($)
1	6361	0.079
2	154900	0.078
2	263459	0.077
1	150000	0.075
1	35000	0.072

Price($)	Vol.	No.
0.080	428169	2
0.082	41000	1
0.083	14613	1
0.086	15641	1
0.087	116861	2

Last trade - 15.27pm 13/05/2024 (20 minute delay)


Last 8.0¢			Change -0.004 ( 3.38 %)
Open	High		Low	Volume
8.4¢	9.0¢		8.0¢	369964
Last updated 15.27pm 13/05/2024 ?

AAR (ASX) Chart

SPONSORED BY