omnibus, I'm considering putting you on ignore for being so level headed and rational. It's not something I am used to in this forum. :-P :-)
Exactly as you say "With speculative stocks, the risk is on whether the mine can be profitably developed given lower metal prices, no profits expection has been factored into current SP yet"
This is why we all eagerly await the PFS to see if our gamble will pay off. AAR management are very smart and are doing everything possible to ensure they will have a profitable mine even at the possible lower commodity prices. Anyone that thinks they will do their costings based on record commodity prices are way off the mark. We will eventually get to know exactly at what point a mine is not profitable. My bet is that we will have a very profitable mine regardless. What we are all hoping for of course is a hugely profitable mine which will give us a bonanza share price.
Cheers GazzaT
AAR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
