hi everyone,
im too wondering why AAR is heading south as if its bottomless... but a quick look at the presentation, AAR is actually not as bad as other HC posters have said.
See below ( from presentation p 8 ) http://www.anglo.com.au/_content/documents/565.pdf:
Mining West Mandilla commenced June 2006 and
completed April 2007
• Production of 78,000t @ 8.22g/t Au for 20,130oz Au and
1100oz Ag
• Mining produced profit of $5.6 million in FY07. Profit
expected in FY08
• Indicated Resource of 356,800t @ 3.04g/t Au for 34,873
ounces estimated for East Mandilla bedrock deposit.
• Exploration at East Mandilla continues
IT CLEARLY SAID THAT PROFIT EXPECTED IN FY 2008! With current Gold price, I have no doubt in this statement.
If you read the tape, almost all of the recent trades involving XT - Cross trading, done by the same broker. I personally I think some one out there is ACCUMULATING AAR, by pushing the SP down.
Im holding , projects all in Australia,no sovereign risk, and believe SP will turn around, when markets stabilize.
DYOR
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7.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.01M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.6¢ | $13.12K | 171.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1728 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 409717 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1728 | 0.074 |
1 | 30000 | 0.072 |
1 | 20000 | 0.071 |
2 | 80000 | 0.066 |
1 | 72000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 409717 | 2 |
0.079 | 62000 | 2 |
0.080 | 566523 | 1 |
0.083 | 78800 | 1 |
0.084 | 175992 | 1 |
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