Koongie Park
Indicated Resource 4,650,000 tonnes
Jorc Grade 5.20% Zn
In Ground Zn Resource 241,800 tonnes Zn
Current Market Price Zn US$3,500
In Ground Value US$846,300,000
Also keep in the back of your mind that Atlantis at Koongie Park has Zn grades indicated at over 14% and has not been include in the above figures.
Now add in:
123,000,000lbs Cu (1.2%) @ US$3.58 lb (Koongie)
and....
Value of Mandilla Gold resource @ US$689.90 oz
Then do your sums on the value of this company that has a low market cap of $27m and no debt with $millions in cash already.....and tell me that you are not looking at one of the very best stocks on todays market that can easily make you (and me) extremely wealthy with such a low entry point.
On the above place a true value estimate on the share price of AAR.....a self funded producer with a world class economical resource of Zn about to happen. I have and it is a lot higher than 8.5cents (try much, much higher)
AAR makes most U speccies with nothing atm but hopes and rock chips...well...look like nothing!
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Last
7.9¢ |
Change
-0.002(2.47%) |
Mkt cap ! $73.88M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 7.9¢ | $117.7K | 1.479M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65417 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12376 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65417 | 0.079 |
1 | 18000 | 0.078 |
1 | 12000 | 0.077 |
3 | 244078 | 0.076 |
2 | 633000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 12376 | 1 |
0.081 | 157884 | 2 |
0.083 | 100000 | 1 |
0.084 | 208892 | 2 |
0.088 | 160000 | 1 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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AAR (ASX) Chart |