C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Development and Exploration Update, page-187

  1. 15,089 Posts.
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    I wonder if the cats out of the bag now..and PW has hinted for a loooong time about st dizier falling into the portfolio.... that this ann effectively is SRZ capitulating and discussion will now progress with ANW to jv.

    Even if and its a massive IF they could get 4.3million for production, they'd need to keep the lights on for atleast 18 months until cash flows. Thatd be another 1 million or so.... and they really dont have the support, all though they do have the wiggle room in the MC.

    My prediction is SRZ join forces with ANW to expedite things and then take their first cheque to accummulate additional projects. But what of ANW you ask? Imo its simple... as soon as these assays come back id bet theyll spin it out..assuming they are up to snuff, granville will jv, taronga will push forward and much money will be made.

    As an aside to support my baseless assumption... anyone else think it odd that assays are being withheld until they all come back. Firstly there are ethical questions there but also asx compliance ones. Although pretty easy to tell the labs to hold all results until complete.... but anyone else think that our current robot friend and stagnating SP is due in part to the fact that some probably already know whats in the ground and they are being afforded ample time to do as they wish....

    Just thoughts but ANW seems to leaky always and seems to be aided by our current board and managemnts style of running things.

    Still here still buying as where there is smoke...
 
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