AUQ alara resources limited

11.4%

3.9¢

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mattdamon

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05/06/16

09:03

Post #: 17954218
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Originally posted by mowibble ↑

I wouldnt say it was the "plan", but what i would say is that, as with other companies sitting on resources in need of capital expenditure, there has been no real impetus or urgency to resolve matters while the margins were depleted.
An example in the details here is Nasser's decision to formalize his loyalty to Alara by taking a major holding - prior to that, he was evidently trying to remain discrete in his split loyalties, I guess because it benefited nobody if the project wasnt ready to advance. Now it seems that there is a gaping hole in the zinc market that needs filling, and in parallel, Khaiguiyah is burning a hole in their collective pockets while it sits there idling. Consequently, Nasser showed no hesitation when the RI was announced, and this in hindsight has clearly impacted the course of events with Manajem, because it was literally only a month later that the Breakthrough announcement came, and here we are a few months further and it sounds like an out of court settlement in our favour is a probable outcome.

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Was just kidding about the plan, but very well put. There was no rush and now there is.
5c by EOFY.

AUQ Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.004(11.4%)		Mkt cap ! $31.32M

Open	High	Low	Value	Volume
3.7¢	4.0¢	3.7¢	$25.39K	656.8K

Buyers (Bids)

No.	Vol.	Price($)
2	675000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	117699	1

View Market Depth

No.	Vol.	Price($)
1	500000	0.037
1	156000	0.036
1	34285	0.035
2	600000	0.034
3	61454	0.033

Price($)	Vol.	No.
0.039	117699	1
0.040	390418	3
0.041	1000000	1
0.042	14700	1
0.043	15625	1

Last trade - 16.10pm 18/07/2025 (20 minute delay)

AUQ (ASX) Chart

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