AUQ 0.00% 5.3¢ alara resources limited

Ann: Khnaiguiyah Licence Bid Final Stage Live Broadcast, page-202

  1. 265 Posts.
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    Alara’s management pulled all the stops they deserve a round of applause! They bid until 100 million dollars Aussie. Any more than that would have been ludicrous. Now we can forget Saudi and focus on our project in Oman. And if this showed anything is that Alara and Tasnim can be trusted to finish building the project in Oman without asking for a cent from public markets, they have enough cash to develop Oman project and explore all our licenses in Oman.

    for everyone here forget about the Saudi project we did our best we didn’t get it, turn your heads to what we have in our pockets which is Oman and focus on that, it will be up and running by April. Next year we should expect dividends on our shares.
 
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