JJ and team have actually raised $770,000 not $650,000 that was previously announced and paid only 2.3% in fees payable in AAR shares at 4.8 cents when every other ASX explorer or producer usually pays fees north of 6% in cash - congratulations AAR this is most impressive and provides further confidence the company is being managed in the most prudent fashion considering the directors are also only paid in out of the money options and shares.
With Feysville RC drilling underway results should not be to far away and now AAR have informed the market they are also focusing on Koongie Park, exciting times ahead.
AAR Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
