C7A 0.00% 0.9¢ clara resources australia ltd

Ann: Capital Raising, page-10

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  1. 15,109 Posts.
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    the plan has always been to get cash flow positive late 2017/early 2018. We are staring at a 5 million dollar a year mine in granville and its a few bobcats and some dirt away from being fired up.... but have been in that stage for a while now so the "when" is not clear.

    We seem to be inadvertanly moving all the timelines back so that all the news is due at around the same time, G2, T1, Cobalt, now are all pretty much ready to go for january........ we hope. I think we need an operations update to figure out whats where.

    As an aside, someone must be really positive to hand over 1.4 million dollars pre-drills to fund cobalt exploration.
 
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