AAR 0.00% 14.0¢ astral resources nl

Thanks Yatchy, interesting the article says the SS was more on...

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  1. 227 Posts.
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    Thanks Yatchy, interesting the article says the SS was more on lines of a PFS. The SS looks like a very good base to build some numbers into the value of Mandilla, really just Theia as that’s all they used. I really like the payback period. Being able to process the higher grade in first few years is advantageous, compared to CAI who are processing 0.9 grade. What else I liked that even at $2500 AUD, payback is still under a year. What I am frustrated with, is that despite Theia being the main target, management have drilled everywhere else, which slows the drill-out of Mandilla. Nothing else has come up strong enough yet to add to the SS so it has been a bit wasteful. Theia should have been drilled out by by now.
    So what’s the next news flow, drill results and to keep updating the market of increasing resources, increasing mine life?
 
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