AAR 0.00% 8.3¢ astral resources nl

He/she has said on multiple occasions that they think it is...

  1. SSA
    707 Posts.
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    He/she has said on multiple occasions that they think it is probably not feasible to commission a plant to process the ore* - the economics don't stack up. It takes too much time and material to produce so little.

    *(whereby AAR commission someone else who owns and operates a plant to process the ore).

    If AAR are to build their own plant, the argument is that to make it feasible, you would need 10+ year mine life and total of 20Mt of dirt.

    Not to say that it won't be possible to achieve this, but it gives you a sense of the scale required to make this economically feasible. Plenty of news flow. Too early to be drawing conclusions. For now, unfortunately, the market will sell this.
 
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