C7A 0.00% 1.3¢ clara resources australia ltd

Ann: Trading Halt, page-58

  1. 18,968 Posts.
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    This is what the term sheet suggests is the use of funds.
    • Taronga Stage 1 development approved – trial mine (340kt) with on-site modular plant to produce saleable concentrate, with funds raised directed to mine establishment and initial mining and ore reconciliation
    • Further exploration at Mt Cobalt / Pembroke
    • General working capital purposes
    I was offered this deal and while cheap, I am not exactly impressed with ANW management to date.
 
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