AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Austral Resources Company Presentation - RIU Sydney, page-297

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  1. 9,619 Posts.
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    all operations were contracted to Theiss for 3years at an all in contract of $95million AUD , the quoted $14000 is AUD , copper in July is forecasted for $12000-$13000 USD depending on which analysts to read so if price conversion is the same as now that would be $17232-$18868 pmt AUD ,I doubt the mining contract is open ended the plan is 40k mt and developing the plant to 10k mt pa those are the guidelines and the contract is all in on that guidance so ultimate including what's already come out 51k + 40k puts AR1 at 91k total they could maybe afford an overrun of 9k but that's it because after that they will start paying royalties and with copper forecasted to go as much as $20k USD there's no real urgency to ramp production from now to 2025 , IMHO there is another plan/agenda ! AIMHO GLTAH REGARDS TT
 
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