C7A 0.00% 0.7¢ clara resources australia ltd

Ann: Capital Raising Program, page-33

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  1. 5,351 Posts.
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    I thought that 3m at the start of each day may have been them. @mikesz - tend to agree- can only see a sale of some of the assets as their chance to get some breathing space- but what chance would you give them of getting the biggy- Taronga, going- when they really struggled with the smaller higher concentrate Granville going? Can’t pay very high exec salaries and cut expenses on the mine. Whether it be the dam fiasco or the machinery fiasco- I’m afraid I’ve learnt that these high earning pen pushers are scrimping in the wrong areas- ie production.
    Reckon there were a lot caught out on this one- and only a few like Rattle, BMan, yourself, and a few others will wslk away unscathed. Lesson learnt!
 
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