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10.7% 5.0¢ alara resources limited

Ann: Production commencement at Alara JV Copper-Gold Mine in Oman, page-476

  1. ivantheironworker
    1,803 Posts.
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    13/04/24
    11:28
    Post #: 73327845
    The $20.5 million is money Alara has already kicked into the project. The JV owes the money so in theory it’s only around $10 million to AUQ shareholders I believe but still it’s better than a poke in the eye with a blunt stick.
    No idea when it will be payed back. It will depend on cash flow I would assume. Looking good at the current copper prices though.
    AUQ Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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