Basically we just need JJ to take a look at what RVR have been doing since April - nothing wrong with our assets, we just need a fresh strategy etc etc... RVR has gone from 1m to 20m market cap in 3 months, no reason that couldn't happen to AAR… THEN they can raise some funds to progress projects. Alternatively, as you say, JV with MMG or the likes…
I don't know that we need more drilling at KP - just a fresh look including re-visiting the metallurgical assumptions.
I remember your 2007 KP valuation - the actual valuation the company did was super conservative, thus producing a NPV way below what we realistically would expect.
EE.
remember the zinc gap, page-50
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $98.19M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $132.7K | 1.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 402668 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 410000 | 4 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AAR (ASX) Chart |