AAR 1.39% 7.3¢ astral resources nl

song remains the same, page-7

  1. 2,527 Posts.
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    falling Zn prices must have something to do with it - they've come down a fair way now (1.10/lb tonight) and so the profit margin on the project becomes less exciting and the risks more obvious. Without koongie they're back to being a small prospective gold explorer/producer with a bit of RMS nearology but not much more. Vic downs is too far off to be a big factor in the share price.

    They've still got more value just on the gold production and prospects than a lot of junior explorers though. But some stronger Zn prices would make it look a lot rosier.
 
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