AAR 14.6% 11.0¢ astral resources nl

Thanks yatchy. That's an amazing presentation. The initial...

  1. 401 Posts.
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    Thanks yatchy. That's an amazing presentation. The initial scoping study has been well and truly superseded by further discovered Au resources, increased pog, and a better delineated resource which continues to provide an expansion of the resource with every drilling. The initial scoping study was very profitable. It is now approaching a doubling of profit and an expanded LOM.

    The take away for me was the fact that both Mandilla and Feysville have untouched resources, especially Mandilla with the Hestia, Iris and EOS sections relatively unexplored but noting they are part of the same geology. As well since the scoping study at Mandilla alone another 231,000 oz have been confirmed while Feysville has potentially doubled.

    Marc has made it plain he wants to mine. Given the above and despite a billion shares on issue this must be a +$1 per share company.


 
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