AAR 8.70% 10.5¢ astral resources nl

Bellair Re. Zn & Co: The February 2011 report had a net present...

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    Bellair

    Re. Zn & Co: The February 2011 report had a net present value (NPV) of A$36M for Koongie Park based on Cu @ A$9,400/t and Zn @ A$2,400/t with the cashflow has an internal rate of return (IRR) of 31%.

    Zinc is currently A$3,600/t (+50%) and Copper A$8,000/t (-15%) – and Zinc stocks keep falling!


    KP Gold could be anything - we know Gold is there and has been mined before - just need some exploration $$$ to find.

    EE.
 
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