AUQ 0.00% 4.9¢ alara resources limited

Ann: Further High Grade Copper Gold Mineralisatio, page-6

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  1. 9,111 Posts.
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    re: Ann: Further High Grade Copper Gold Miner...
    Blythefan,

    Dont think its a bad deal either given previous work, potential to expand known mineralisation and possibly other projects. Good timing with zinc prices picking up and CGG/EQN deal. Major cap raise was oversubscribed at four year highs, sp not touching the cap raising level or filling the gap is a good sign with 1st lot of shares issued.

    Also, the Saudi vendor company has more projects than just Khnaiguiyah, so this could become just an entry level project for AUQ. This goes for Oman projects too.
 
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