AR1 0.00% 16.0¢ austral resources australia ltd

What i like is the fact that their operating loss between...

  1. 28 Posts.
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    What i like is the fact that their operating loss between September 28th and October 28th has been very close to $1.6M. Their expected revenue from the just over 1,000t they hope to strip during November equates to roughly 200t more than October, or just over $2M more in cash... this quarter is looking very promising as potentially cashflow positive! Best part is, provided they're meeting their expected copper tonnage month-on-month from here on out its looking like they could avoid any more cap raises so long as the debt collectors dont come knocking too soon. (AIMHO DYOR)
 
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