AUQ alara resources limited

Ann: Half-Year Report, page-30

  1. 324 Posts.
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    I'd be happy to be part of the 249, but be mindful some exploration licenses come with minimum spend requirements to keep them active. We would need to understand what the exploration licence conditions were before being 100% confident that the exploration spend should be curtailed, or completely stopped (and I can't recall if they were in the announcements).

    As we are not properly informed of the overarching strategy (apart from some minimal wording on hub and spoke), who ranks where in payments, and the financials provided are not clearly articulating the real picture (i.e., payments for production, debt reduction schedules, profitability etc), it is difficult to untangle this web. I suspect this obsfucation is part of the ruse.

    And to be clear, I am in no way saying that they are not lodging accounts in accordance with listing rules and standards, just they are not as clear as they should be.

    All IMHO.
 
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