Geat to hear some more views on AR1. It seems to have so much going for it. I am still looking for the negatives/down sides to explain the lack of interest. All that appears to be lacking here is further proven ground to mine. As you alluded to, the odds of identifying more payable ground in this highly mineralised jurisdiction have to be favourable, at the very least. There have been previous comments regarding the 45 km haul to the treatment plant, however surely this is largely counteracted by the fact that the plant is already constructed and ready to go. The company/share holders do not have to stump up the cash to build a plant, so this immediately puts this project into a viable position. So unless there are other unidentified factors, it essentially comes down to a punt as to whether or not more copper will be found. Pretty good odds as far as I am concerned for .19 cents. Will be fascinating to watch this unfold. Would love to hear the views of others positive or negative.
- Forums
- ASX - By Stock
- AR1 under valued
Geat to hear some more views on AR1. It seems to have so much...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AR1 (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.34M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AR1 (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online