AAR
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0.00% 7.1¢ astral resources nl

Mr D, point take, but people close to the company have been...

  1. EdelweissEdelweiss
    1,262 Posts.
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    15/02/19
    08:23
    Post #: 37444516
    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.
    AAR Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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