AR1 0.00% 16.0¢ austral resources australia ltd

Fluctuations are part and parcel of the game. The price is still...

  1. 447 Posts.
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    Fluctuations are part and parcel of the game. The price is still likely to trend higher in the medium/long term. The recent rise in the price didn’t help them get a deal done so I’d imagine institutions are thinking longer term. Still, raising cash is extremely difficult at the moment and not much to dangle in front of investors, with Anthill serving the debt now.
    The processing side of things seems to be going ok. Is there any room for taking on ore from other prospective partners in the area, or is that just unrealistic?
 
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