AAR 4.44% 8.6¢ astral resources nl

Ann: Board Change, page-26

  1. 391 Posts.
    lightbulb Created with Sketch. 58
    The scoping study's values must now be considered to be superseded:
    845,000 recoverable ozs is too low based on the results received after the scoping study.
    The gp of $2750 per oz is too low with the price now over $3000.
    The running expenses are very solid with capital raised, apparently, with no further share dilution.
    The NPV is discounted a further 8% for a 7 year net pre tax amount of $442 million. I'm confident that amount will double: ~ $800 million.
    That's a dividend approaching 20c.
    Feysville, the base metals and AG not included.

    So, if not $2, then what?

 
watchlist Created with Sketch. Add AAR (ASX) to my watchlist
(20min delay)
Last
8.6¢
Change
-0.004(4.44%)
Mkt cap ! $83.97M
Open High Low Value Volume
8.8¢ 8.8¢ 8.6¢ $10.16K 117.8K

Buyers (Bids)

No. Vol. Price($)
1 127756 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 82141 2
View Market Depth
Last trade - 11.44am 30/05/2024 (20 minute delay) ?
Last
8.6¢
  Change
-0.004 ( 1.15 %)
Open High Low Volume
8.6¢ 8.6¢ 8.6¢ 8000
Last updated 12.02pm 30/05/2024 ?
AAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.