AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Austral to replace mined Ore at Anthill, page-12

  1. 6,486 Posts.
    lightbulb Created with Sketch. 175
    TT, just pointing out their achievements for the March Q.
    They are making good headway, plus remember they have around $400mil of infrastructure in place, so imo they are streets ahead of any startups.
    Remember, they are only 18 months down the track from IPO.
    Also they have battled through Covid, 2 months after IPO and also a major flooding event in February where they kept running production whilst others in the region are still struggling now.
    Austral have had quite an uphill battle, from here they are ticking boxes.
    Crunch the figures as much as you like, but they have done bloody well considering, and worth much more than trading at this level, just above IPO
    By the way, copper price seems on the up and up.
    Cheers X
 
watchlist Created with Sketch. Add AR1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.