AAF 3.85% 12.5¢ austral africa resources ltd

spoke to Lindsay Colless and while cannot really comment on new...

  1. 5,079 Posts.
    spoke to Lindsay Colless and while cannot really comment on new projects which is fair enough, he did say costs were at absolute min
    so most of the money can be used for new projects.

    with a company with a low market cap a fairly good project could move this a good way.

    If sale of furnace goes through it will free more cash, or seeing economy is rising again production could even start again.

    Miners that were put on maintenance can now look to re start production, the world problems were greatly overdone by the banking problems, now we have a real chance for some of these that were crunched to get some real gains back.

 
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Currently unlisted public company.

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