A couple of things i have been looking out for in addition to the bonus oz's which seem consistent with the early assumptions:
Exploration cost still low = modest $ burn rate/value added via the drill bit - keep banging holes out!
Reviewed pit shells for Mandilla supporting high conversion rate of inferred to indicated - Still hoping for >80% in the revised MRE
Curiosity around ultra high grade intercepts being pursued further - expect some more big hits as they hone this in
The metrics for this project are insane, even looking at the 2 deposits individually and not as supplementary feed the contained value is exceptional.
As the saying goes - what goes up, must come down (a little) and while i exhausted all my buying funds around 6c, it offers people an attractive entry point while fundamentals remain solid.
Remain hopeful we can bring this cash cow into production under Astrals banner in 2026.
AAR Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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