AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Lady Colleen Drilling Update, page-18

  1. 19,501 Posts.
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    Labour shortages & Covid the main issues for the production shortfall + there would have been some downtime as they spent $$$ on maintenance. This is going to be a huge issue for any explorers moving into production in the near term, AR1 are in the box seat.
    On the flipside, when production significantly increases in the coming 2-3 months, hopefully price of Copper is +$8,500 & the company would have avoided selling at market lows.



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