AR1 0.00% 16.0¢ austral resources australia ltd

Good point, I thought that was included in the $2.83/lb cost....

  1. 26 Posts.
    Good point, I thought that was included in the $2.83/lb cost. That would bring us down to about $2Mil-$1.5Mil, not exactly Rio Tinto, but it's a start.

    But I don't think we should focus on the exact dollar figure for the moment, imo the main take from this announcement is we finally have cash flow that can fund exploration activities, so we can now set our sights on expanding/mining existing resources and exploring greenfields.

    Becoming cash flow positive is a topic that I've seen brought up a few times in the threads for this stock, so I hope this announcement will finally give the company and the management team some credibility and perhaps attract some larger investors.

    GLTAH DYOR
 
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