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Marc Ducler - Astral Resources (ASX: ARR)
Manage episode 377914104 series 3460568
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Astral Resource has just released a scoping study on its Mandilla Gold Project in the eastern goldfields of WA, the study shows that Mandilla is set to generate strong cash flow from a big open pit. Managing Director Marc Ducler, tells us that the company’s valuations are relatively low compared to its peer group and it appears he has good reason to say that. With the scoping study complete, the drill rig still turning and more growth to come the question is - Will Astral become a takeover target long before the project sees production?
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