Well, I think if they have chalked up a plan that is cash positive ($34 Million / Half a Billion shares = 6.5 cps), they should go ahead with it....
this money can be spent on some other projects or can be returned to us plebs....
without this project, all that the management will do is issue out more shares at 2c a pop and feed themselves...atleast with a mine functioning they will be showing something for all that we have fed them all these years...
owning a processing plant in the area, there are other who could use it and that can generate some revenue for us...better to go ahead for the management than not....
Cu prices are at a record high...and they can still go higher...Zn prices are not viable but they surely could improve if the rest of the materials/resource prices keep going up as they have been doing for a while...
In short, NO DOWNSIDE IF THEY MINE & A LOT OF POSITIVES TO SHOW FOR IT !!!
- Forums
- ASX - By Stock
- AAR
- scoping study out
scoping study out, page-4
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $144.6M |
Open | High | Low | Value | Volume |
12.5¢ | 13.5¢ | 12.5¢ | $1.113M | 8.682M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 367674 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 367674 | 0.120 |
9 | 576704 | 0.115 |
6 | 346213 | 0.110 |
6 | 454092 | 0.105 |
25 | 2316778 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 100000 | 1 |
0.135 | 1036276 | 13 |
0.140 | 504862 | 5 |
0.145 | 50714 | 2 |
0.150 | 338261 | 5 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
AAR (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online