AUQ 0.00% 3.7¢ alara resources limited

Ann: Project Commissioning Update, page-28

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  1. 256 Posts.
    lightbulb Created with Sketch. 22
    Classic AUQ. Take a 2 week prediction on a deadine and turn it into a 2 month delay. LOL, that takes some serious skills to be that bad at tracking your programme that even 2 weeks out you can't get close. They are experts at it unfortunately, being going on for years. If you had believed everything these guys said we'd already be two years into copper production based on past announcements. Expect more of the same once they finally get the plant "operating". My bet is it'll take them another 6 months till they are making profit and work out how this processing caper goes.

    Might read back through a couple of the recent threads where the Alara bulls were so adamant we'd be producing copper by now, the SP would be 7c and we'd be paying a 1c dividend. LOL. Back the truck up, you'll probably see 3.5c or less soon.


 
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