I think this is a no brainer, RMS prove up high gold grades. AAR see an opportunity to ride on that news and have a level of success, they even pay a token dividend to give shareholders confidence. There is nothing illegal about it, just opportunistic.
It takes a little more than a couple of holes to make a mine. Futhermore you also need transport, infrastructure, water power, all influence mine is economics.
The metal prices are on there way down which will make it very difficult to bring new mines into production.
Copper will go back down to around $4000 to $4500 per ton
Zinc should fall back to $1100 to $1500 per ton
Nickel an average of $22k to $26k per ton
Finance will be a lot more expenisve and to some extent companies will have to raise cash 30% or more themselves to achieve finance.
- Forums
- ASX - By Stock
- AAR
- tried to imitate rms the fish swollowed hook
tried to imitate rms the fish swollowed hook
-
- There are more pages in this discussion • 18 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
8.2¢ |
Change
0.004(5.13%) |
Mkt cap ! $76.68M |
Open | High | Low | Value | Volume |
8.0¢ | 8.3¢ | 8.0¢ | $122.9K | 1.515M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 88607 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 79321 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65800 | 0.076 |
2 | 38000 | 0.074 |
1 | 10000 | 0.072 |
1 | 298507 | 0.067 |
1 | 50000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 79321 | 1 |
0.083 | 123800 | 3 |
0.084 | 55000 | 1 |
0.085 | 182253 | 1 |
0.086 | 30256 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
AAR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online