AUQ 3.64% 5.3¢ alara resources limited

2024

  1. 1,658 Posts.
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    Interesting period coming up for the company. Mcap of 37 million dollars shows that there is so much upside here with a few simple tweaks by management. We are owed 20 million dollars by the jv. We own 51% of a producing copper mine. We have several other blocks to prospect and test drill for our next target in the hub and spoke model. Copper price is holding strong. The plant still needs some tweaks to maximize production which is surely not far away. If we can get the second filter press installed and running soon we could have a really strong H2 for 2024. Hopefully management has passed on our concerns to the jv partners. For alara management we need at a minimum
    1. better scripted announcements
    2. broker coverage
    3. more advertising
    with these tweaks and copper heading over $10000 as predicted there is still a chance to do really well here!!!!
 
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Last trade - 15.07pm 18/07/2024 (20 minute delay) ?
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