AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Debt Restructure Strengthens Financial Position for Growth, page-9

  1. 9,134 Posts.
    lightbulb Created with Sketch. 2076
    How are they going to exploit sulphides ?
    How are they going exploit Oxides if they have no contractor ?
    money made from oxides will fund sulphides , I think we've heard this before ?
    Debt is taken care of great but where will working capital come from and hate left in the heap leach pads good luck with that ?
    I happy they got rid of debt but still looks hand to mouth to me and with dilution to look forward to maybe a year or 2 with no problems before the dust settles .

    Sincerely hope it works out for the ones that stayed .

    Regards TT
 
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