AUQ 6.98% 4.0¢ alara resources limited

Ann: Alara-Tasnim Khnaiguiyah License Bid Enters Final Round, page-2

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  1. 269 Posts.
    lightbulb Created with Sketch. 63
    Marvelous news we have been selected to the final round which is basically just a $ bidding process, the company that pays the most will get it, the ministry will have no input at this stage. Our Partner Tasnim has deep pockets and they will help us win this by out bidding others, remember we have the JORC resource study so only we are the ones who have accurate financial models and know how much is the project really worth and we can bid accordingly.

    if we get this the share price can go anywhere between 30 cents and 1 dollar
 
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