Really don’t know what to make of Astral management la thought process. In the first 6 months of 2024, there have been 4-5 announcements about Kamperman and Feysville
in general. What are we chasing there in reality? 100k oz at Kamperman? There is already 100k at Think Big so are they looking at 400-500k at Feysville. Astral has spent so much time there and hardly drilled at Mandilla for 12 months. Despite getting $7m n the door at last raise (well done on that amount), there hasn’t been a lot of drilling - no doubt there is still a lot of money being paid to board & management, and free performance shares as well. The gold price is above $2400 but the market needs drilling results to move a share price. That last announcement was verging on embarrassing - aircore results that should have been hidden away with another release. We certainly need an update on the bigger picture for Astral and to get moving in a strong gold price environment when other commodity sectors are struggling.
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