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Ann: Austral Resources Appendix 4E, page-3

  1. susan86
    334 Posts.
    lightbulb Created with Sketch. 86
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    28/02/23
    15:48
    Post #: 66515796
    @LD99 Good pick up.... It could have been worse!

    AR1 started being profitable since December 2022 (we did say circa $30m debt excluding Thiess and Glencore) - we are sure some of the Payables have been substantially reduced (hence why the HFO funding).

    Again when you look at the other 2 Junior Copper producer... We rather own AR1 and these prices biggrin.png... We love the stock. From a Risk: Reward!!

    Management now have to demonstrate a sustainable long term profitable business.

    DYOR
    AR1 Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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