AUQ 5.71% 6.6¢ alara resources limited

There was always going to be commissioning/plant design problems...

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    There was always going to be commissioning/plant design problems with a company having no personnel with any mining engineering experience - just one of the reasons the market has always been nervous about AUQ.
    Seeing is believing with this company - nothing else counts, hence little market interest until AUQ can prove beyond doubt they are a capable mining outfit. High probability of further delays ahead as the plant tries to ramp up to performance expectations.
    Will AUQ eventually get there? probably... but these delays are not doing anything for either financials or AUQ reputation(market sentiment).
    Still a lot of work in front of this amateur mob unfortunately.

    I won't comment on recent posts ramping expectations without any regard for the realities of AUQ.


 
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