AS1 asara resources limited

Ann: Response to Appendixx 4C Query, page-9

  1. 2,937 Posts.
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    Hi Bigdoggo, I note you comment "I can tell you that the time to be selling isn’t now." I am a holder and bought modest size holding (for me) with an average price of 15.5 cents a few months ago. I am trying to weigh up the risks relating to this industry verses the potential, including in the export sales arena. As it seems from your comments you have some specific insights into the industry, are you able to kindly elaborate on the prospects.
    On the short term issue of sales verse expenses raised by the ASX, is it likely that the company will be able to achieve sufficient sales without the need for a capital raise (share issue)?
    Is the export market potential as promoted a reasonable chance of being achieved?
    Are the local conditions in Coffin Bay at present being affected by adverse environmental conditions which will likely adversely impact Angel from delivering sales?
    Is this the down period of the year where sales are very low, hence low revenues?
    Your thoughts (and those of others in the industry) will be be appreciated.
 
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