AAR 0.00% 10.5¢ astral resources nl

Maybe , but if some other tiddlers had 3 Million tonnes of 2...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,206 Posts.
    lightbulb Created with Sketch. 1893
    Maybe , but if some other tiddlers had 3 Million tonnes of 2 gram a tonne ore to feed a 2.5Mtpa in the first year it would do wonders to payback of CAPEX compared to 1.1 gram a tonne ore , and bankers are more interested in payback time than NPV from my business experience as a high IRR inherently reduces their risk .
    (As an aside I use to work with commercial wholesale banks in the USA many years ago )
    Last edited by plough: 08/09/24
 
watchlist Created with Sketch. Add AAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.