AAJ 3.70% 2.6¢ aruma resources limited

Ann: Agreement for Sale of Slate Dam, page-4

  1. 68 Posts.
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    there are pros and cons I guess

    it’s a potentially producible asset that we will never be about to mine now. So it’s a long term negative

    however it’s half a million cash in the bank that means other projects are more likely to get up and off the ground and not need capital raises to do so. So that’s a short term positive

    on the whole I’d say it’s something to be happy about for shareholders.



 
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