C7A 9.09% 1.2¢ clara resources australia ltd

Ann: Quarterly Activities Report, page-102

  1. 4,882 Posts.
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    Aqua,

    Thanks for giving me some insight. May need to do an indepth look at the company. I think their costs are high to complete their project from what i can tell and return is there at current prices but one also has to look at a senario where Tin is trading at 18k/t US and whether the plan holds up. Does look like a big project though and may take some time to develop and then there is always the question whether punt now or wait till its closer to production and derisked.

    Christopher
 
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