@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... We love the stock. From a Risk: Reward!!
Management now have to demonstrate a sustainable long term profitable business.
DYOR
@LD99 Good pick up.... It could have been worse!AR1 started...
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Mkt cap ! $84.34M | |||
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| AR1 (ASX) Chart |
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