ASE 3.45% 2.8¢ astute metals nl

re: Ann: Completion of Drilling at Governor B... The purpose of...

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  1. 635 Posts.
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    re: Ann: Completion of Drilling at Governor B... The purpose of the mine wouldn't be to just dig up sand...

    It would be to dig up sand AND then extract the juicy stuff, AND sell it at a price HIGHER than the dig up and processing cost.

    The reason aro is trading at a MC of $7mill is because something may be WRONG i.e. dig up and processing costs higher than price juicy stuff is sold at.......

    Is that the wrong you are referring to?
 
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