AUQ 0.00% 5.3¢ alara resources limited

Ann: Production commencement at Alara JV Copper-Gold Mine in Oman, page-262

  1. 1,654 Posts.
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    I think its just taking the market a moment to get its head around it....

    few facts
    Oman is very safe and so far very professional for mining
    the jv owes alara 20 million cash!!!
    we have a very profitable services division. 1 -2 million dollars a year profit
    we have been promised more licenses by the Oman govt once we show we can build and run a mine
    still lots of upside as we have 12 year mine life which can easily be extended with some more exploration. I think 100 million mcap plus if copper creeps towards $10000 later in year..welcome and good luck!!!
 
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