AS1 0.00% 1.1¢ asara resources limited

5 Great things about cap raise, page-2

  1. 3,680 Posts.
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    What you didn't mention was :-

    1. the massive increase in number of shares by 43% now on issue - big dilution for existing share holders

    2. staff and admin costs are running at a whopping $1.3m pa - comes out of "working capital"

    3. the need to sell the Paguanta zinc/lead/gold deposit to try and recoup some of our cash investment from this failed foray as a priority

    Need a big resource update at decent grades to get some interest in this one.
 
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