AR1 0.00% 16.0¢ austral resources australia ltd

Posted from The Mechanic"The major announcement which Dan...

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    Posted from The Mechanic

    "The major announcement which Dan alluded to at his recent Singapore presentation that produtcion will be increase up to 70% will IMO be the next share price driver to much higher levels.
    An increase of 70% in production to 1700 tonnes per month with result in a net cash flow, at todays Copper prices, of $6.9 million per month or $82.8 million per year. With a current market cap of $155 million thats a PE ratio of less than 2."

    This news is probably due next week.
 
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