AUQ 9.68% 3.4¢ alara resources limited

potential Disallowed, page-6

  1. 852 Posts.
    An interesting point of opinion.

    I'm sorry but does AUQ actually own the Saudi leases?

    World Class? Oh dear.

    Daris/Washihi is not even close to being economic.

    Both properties are unfunded.

    Current cash balances won't last long.

    MD gone without a whimper. And no valid explanation offered by AUQ.

    Looking at the accounts, i wonder who will sign off on carrying values of these "assets." Saudi is more uncertain than wet camel dung.

    Assuming that AUQ claims in Saudi are unsuccessful, what provisions will Directors record in the audited accounts for such an eventuality?

    AUQ. Would make a great shell for a vacuum cleaning retailer.
 
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