C7A 9.09% 1.2¢ clara resources australia ltd

Ann: Quarterly Activities Report, page-112

  1. 15,066 Posts.
    lightbulb Created with Sketch. 2584
    if they could pay lind back before conversion again that would be awesome! expected outgoings are 450k leaving 550k to repay... at 10k a ton profit thats only 50 ton that needs selling. given they are capable of doing 550 ton a year they should be able to, in theory, be able to achieve that in under a month..... noting too that the 550 tons was estimated on lower recoveries. so we should be able to achieve it easily.

    of course it may be easier as the sooner they start full tilt production the outgoings will come from earnings and not lind money....
    Last edited by blister: 02/02/19
 
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