AS1 0.00% 1.0¢ asara resources limited

aramaz, let me guess, was it AVB lol. AVB was oversold today....

  1. 596 Posts.
    aramaz, let me guess, was it AVB lol.

    AVB was oversold today. 130 metre width is excellent, such a huge area to explore so grade is not a concern at this stage.

    GMR - Only concern is its an underground operation and it might be a little tough to make a good earn with those grades. I think it needs a high gold price for it to work.

    Also, a little concerned that its market cap is too high for owning 25% of this result.

    I think Mali is the safer bet at this stage, as they own 90% of it.

    AVB is much better value at the moment.

    bangs
 
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