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AAR - Astral Resources

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Finally there drilling at Mandilla,

Finally! Silly silly company, should have leveraged off RMS's success back in the heat, instead they waited, well look at your SP now you fools!

and where the hell is Koongie, still waiting
 


cool down YT ..cool down......
don't get too emotional....



Remember that this company is like slow turtle, that they earn they first company after like 9-10 years.....so the management is really taking it easy...

They should be acting fast....as what you said !!!
 


Ok i'm no pro at tech analysis, so i'll probably be stating the obvious, theres a positive convergance and some strong support around the 5.2c mark, thats usually a strong bullish signal. I think aar has hit bottom and with the annoucement today and a formation of a gravestone doji, it pretty much does it for me, so i topped up just before the close.

I'm not usually an optimistic person (esp in these market climate), but see some good bullish sp action in the coming months for aar
 
Technically, there is a good probably of a rebound around the mid - lower 5c area. Today was a bit funny. Highest volume this month with most of the exchange happening near the open around 6c.

But there was no follow through from the demand side as the price went back down below 6c, which can be a bearish sign. But then there were not many eager to sell either. We will see soon if this is the start of a rebound.
 
i THINK YOU GUYS ARE RIGHT AND IT WONT FALL BELOW 5C, sorry caps on, too lazy to retype. Spot on with the chart too. Dont think there will be a massive rise till the results come out. But finally we have AAR updating the shareholders of whats going on. Rise or fall in the share price dont bother me coz im confident about the future. But plz keep us up to date. Thanks JJ.
 
Looks like i was wrong. Bigger than usual sell off today. What a stock man.
Pulled out this morning coz it might go even lower.
 
YOUNG_TRADER said:
Finally there drilling at Mandilla,

Finally! Silly silly company, should have leveraged off RMS's success back in the heat, instead they waited, well look at your SP now you fools!

and where the hell is Koongie, still waiting
Click to expand...

Im with ya YT Silly Stupid company full of fools.
Im waiting on PFS till i get back in.
I have no patience left with these amateurs.
 
Early Sell orders this morning looks a bit suspicious, I wonder if they will get pulled prior to opening...I hope so .

I never thought I'd see 0.045


SEMPER UBI SUB UBI
 
Hi all,

My first attempt at attaching a chart, so please bear with me.

I just found it interesting overlaying AAR's chart with BMN's. The stark similarities since the decline from mid January are there to see.

It was a good reminder that it's not just the penny dreadful's suffering this current fate.

Hang in there.

Or don't.

Cheers
 
EXTENSIVE RESOURCE AND EXPLORATION DRILLING PROGRAM AT KOONGIE COPPER-ZINC PROJECT WESTERN AUSTRALIA.
Expected to take 6 months to complete. .. Hopefully we get some updates and news during this six months..
 
EXTENSIVE RESOURCE AND EXPLORATION DRILLING PROGRAM AT KOONGIE COPPER-ZINC PROJECT WESTERN AUSTRALIA.
Expected to take 6 months to complete. .. Hopefully we get some updates and news during this six months.

My view is that they should have thoroughly explore the Mandilla East gold prospects, instead of diverting their resources to do the Koongie project. Koongie is too big an action for them to take on by themselves. If they have do the Mandilla project first and come up with a RMS style of gold reserves they would have a better chance to be able to do the Koongie.
 
They can come and drill my back yard for all I care as long as they make some announcments about what they find and keep the public in the loop to any good news !
 
adobee said:
They can come and drill my back yard for all I care as long as they make some announcments about what they find and keep the public in the loop to any good news !
Click to expand...
Absolutely priceless! This would have to be my favourite quote on ASF! Great work adobee!

..............
 
adobee said:
They can come and drill my back yard for all I care as long as they make some announcments about what they find and keep the public in the loop to any good news !
Click to expand...

I agree with you. What is now important is that AAR has enough finance to do all the drilling and producing. For those who living in Australia and who are holding AAR, I would recommend that you guys lobby your government to provide back up finance for small miners to enable them to get to the producing stage. It would be unpleasant if jobs will have to go when mining companies fall over. What do you think?
 

No need for the Govt to be throwing tax dollars at juniors. We have 2 of the biggest mining conglomerates in the world here who could provide more resources and support for junior explorers here. RIO & BHP.
 
mickqld said:
No need for the Govt to be throwing tax dollars at juniors. We have 2 of the biggest mining conglomerates in the world here who could provide more resources and support for junior explorers here. RIO & BHP.
Click to expand...

Don't think so as the two giants are too busy trying to keep each other at bay.
There may not be profit for them to provide anything. If AAR is already making money and has alot of proven resources ready for the taking then they may think of doing a cheap take over.
 
Old monkey said:
What do you think?
Click to expand...

I think TRY and I also think AAR will be getting a plant at Pillara very, very cheap. Add to this I think Mandilla is going to surprise and the VRD project partner will be the one to watch for.

I think the drilling at KP will confirm what I have suspected all along.

I think AAR will be a highly regarded producer of base metals within 2-3 years.

I think the govt should stay out of it, they are slow in approvals already, they couldn't think of two things at once.

That's what I think.
 
Angus Claymore Pilmer
Date of last notice 5 February 2008
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct or indirect interest Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
As a director of a proprietary company
Date of change 28 March 2008
No. of securities held prior to change Direct 2,500,000
Indirect 11,700,000
Class Ordinary Fully Paid Shares
Number acquired 300,000
Number disposed
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$15,100.00
No. of securities held after change Direct 2,500,000
Indirect 12,000,000
Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 11/3/2002
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
On-market trade

I see Angus has bought 300000 more shares last week. Always happy to see directors buying shares on market trade.
 

Oh ya, you think it is going to be 2-3 years. It is more like another ten years. AAR is not know for the speed in getting things done. Please read this thread. We have been frustrated for quite sometime of AAR's slowness.
 
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