AUQ 19.4% 4.3¢ alara resources limited

Ann: Production commencement at Alara JV Copper-Gold Mine in Oman, page-353

  1. 268 Posts.
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    non existent, the company has 5 million in the bank now, and the first shipment of copper concentrate is set this month, so the company will be flooded with cash from this month onwards, don’t forget that the mine is profitable above 6500 copper price per ton and we are at 9000 per ton now !!!! Well beyond the best case scenario when they did the feasibility study.

    last cap raise was 2015 i think the company proved to be prudent with cash and didn’t dilute the shareholders
 
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