AAR 1.56% 6.5¢ astral resources nl

very rough guide for M&A gold valuations is a $100 per ounce. At...

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    Thats a $1.6b market cap. Which is what CMM is today. If AAR made it to production, I can see that MC, but they'll need to raise more shares before then, so I don't see $2 share price being achieved.
    very rough guide for M&A gold valuations is a $100 per ounce. At 2 million ounces, that's $200m, which would be a SP of 25cents. I am obviously hoping Astral get to 2m ounces!
 
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