AUQ alara resources limited

Ann: Block 22B Concession Award Agreement Signed, page-8

  1. 2,759 Posts.
    lightbulb Created with Sketch. 1064
    Yeh it's funny that as the takeover panel process continued, shipping times have suddenly blown out despite a very clear statement in the September quarterly that the shipping cycle of 2 weeks should be 'maintained or bettered' moving forward....

    upload_2025-1-23_14-15-24.png

    And now AHRL, which we are told desperately needs new TFPs to become profitable, is spending it's hard earned on......... drilling.

    When we already have 10 yrs mine life and drilling ain't gonna help with profitability. On the contrary, it will be a negative on cashflow. So why is (allegedly) unprofitable AHRL spending already negative cashflow on drilling instead of the desperately needed TFPs???
 
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