C7A 0.00% 0.7¢ clara resources australia ltd

ACTION AGAINST BOD, page-12

  1. 1,277 Posts.
    lightbulb Created with Sketch. 335
    One thing i just don't get is how this all came unraveled with no-one from the asx / asic investigating .
    .
    ANW purchased the equipment to mine Granville ..... from memory a rusty old clapped out crusher , an excavator and a rock truck ( plus some other previously owned equipment/vehicles ) and told us mining was ready to commence . Shortly after we were told that the truck and excavator had broken down and required parts and repairs which was going to delay things .
    Now bear in mind that had the equipment NOT broken down ANW would have apparently been mining Granville from that point in time.
    So basically we were still in a position to mine as soon as repairs were done .... months went by and then suddenly Granville was a dud and not worth mining and was to be sold off .
    SOOOOOOO how did Granville go from a ready to mine site ( obviously with reasonable grades ) for which equipment was purchased and millions spent on assessing the ground to a worthless piece of land which was suddenly not worth the effort ??? Tin prices at that stage hadn't fallen a lot in between ..... we are ready to mine and we won't be mining Granville it's worthless .
    Unless ANW was being less than upfront about the situation ..... how do you get from yep it's a goer to no it's pointless and worthless without the relevant authorities taking a very close look at it ?
    .
    That being said i think chatter about lawsuits is pointless .
    All of the above is only my opinion.
 
watchlist Created with Sketch. Add C7A (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $1.916M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
8 4265911 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 3266090 5
View Market Depth
Last trade - 16.12pm 04/11/2024 (20 minute delay) ?
C7A (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.