AS1 0.00% 1.0¢ asara resources limited

Just back on the current mali resource.Dont get too hung up...

  1. 153 Posts.
    Just back on the current mali resource.

    Dont get too hung up about the grade.

    As a toll treating operation, if GMR grows it to 500oz' which is what they reckon they will do, it will make them about $150M over the life of the project.

    This will fund pleanty of exploration and asset building in Africa and Sweden.

    They are wise to drill this out first. Those 7 holes that got completed should add a fair amount of new ounces to the 140K ounce inventory.

    They may well advance their production plans earlier than first thought. It really does look like money for jam.
 
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