AR1 0.00% 16.0¢ austral resources australia ltd

It will take a while to gain any momentum, basically they have...

  1. 259 Posts.
    lightbulb Created with Sketch. 86
    It will take a while to gain any momentum, basically they have to show actual operating performance in particular getting the strip requirements under control but at least they look like they will have a chance to do so and with the recent improvement in copper price it is a real chance.
    I did not expect Glencore to step up in such a fashion, hope they gave Wingate a good haircut on the debt value, maybe they want to win back a few brownie points after the Mt Isa closure announcement & didn't want the hassle of running such a small operation internally.
    No matter the reasoning, at least we minion shareholders are back in with a sniff - a pleasant way to start the week

 
watchlist Created with Sketch. Add AR1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.