AAR 9.52% 11.5¢ astral resources nl

Ann: Option Exercise by Directors, page-11

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  1. 1,262 Posts.
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    Mr D, point take, but people close to the company have been expecting an initial mineable resource of a size that should NET ~30m at a A$1700 POG. I am not across the calcs (ie how many ounces at what cost) but if you assume an extraction and custom mill cost of A$1100 and make 600 net/oz you would need a resource of 50koz... so I don't think it will come in lower than that. EE.
 
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