AAR 2.44% 8.0¢ astral resources nl

Yes so NPV $854m at $3,500/oz so if somone wated to buy it at...

  1. 6,439 Posts.
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    Yes so NPV $854m at $3,500/oz so if somone wated to buy it at only 33% of NPV that's 30c/sh... and that's a fair price. If gold price goes higher, and I belive it will, the NPV will be much higher. Development of this project will no doubt deliver more value to shareholders long term but the producers in the area would be crazy to let us to build the mine.

    Your thoughts? Thx
 
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