AAR 3.90% 8.0¢ astral resources nl

Ann: Quarterly Activities & Cashflow Report, page-7

  1. 391 Posts.
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    All good reasons why the little Aussie battler should start its own mine(s). To recap they have:

    1 2 potential mines where every new drill finds more gold (with the prospect of the mother lode yet to be found!)
    2 They are close to all infrastructure therefore minimising development and mining costs
    3 The price of Au is at historic highs with no sign of receding therefore making their initial estimates of profit very conservative
    4 The crew is an experienced one
    5 The resource estimates do not include the Ag deposits.
 
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