AUQ 4.23% 6.8¢ alara resources limited

still 1.5 months remaining for ramp up as per latest...

  1. 3,573 Posts.
    lightbulb Created with Sketch. 432
    still 1.5 months remaining for ramp up as per latest indication.

    first year is 90% of nameplate.

    so if can go from Less than 10% to 90% production rate by start of June it will actually be "on track" !


    Processing
    Year 1 – 915,000t
    Years 2-10 – 1,000,000t
    Year 11 – 196,000t

    ASX / MEDIA RELEASE
    5 March 2024
    Alara commences concentrate production in Oman
    Alara Resources is pleased to announce the successful completion of commissioning and the
    commencement of concentrate production at its 1 MTPA1 Al Wash-hi – Majaza copper-gold mine and
    copper concentrate plant in Oman (Al Wash-hi – Majaza Mine or the Mine). The Al Wash-hi – Majaza
    Mine is owned and operated by Alara’s 51% joint venture company, Al Hadeetha Resources LLC (AHRL).
    Mine production will ramp up to full capacity over the next 2 to 3 months. The sale of the first shipment –
    approximately 1000 dry metric tons of copper concentrate – to Trafigura is expected in April 2024.
 
watchlist Created with Sketch. Add AUQ (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
-0.003(4.23%)
Mkt cap ! $48.83M
Open High Low Value Volume
7.2¢ 7.2¢ 6.8¢ $16.19K 231.9K

Buyers (Bids)

No. Vol. Price($)
1 14940 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 46600 2
View Market Depth
Last trade - 14.03pm 03/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
-0.003 ( 8.11 %)
Open High Low Volume
7.1¢ 7.1¢ 6.8¢ 15284
Last updated 11.37am 03/05/2024 ?
AUQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.