Ann: Al Washihi Majaza Project Construction Update, page-16

all very well what you've posted but it remains that Alara has done a lot of damage to itself over the years by failing to produce any tangible progress. It takes a long time to repair confidence in companies which consistently fail to meet their objectives.
Admittedly it does appear that Alara is getting off the ground at last but there remain many hurdles, it will be interesting to see whether current progress is sustained and achieves tangible results. If it does succeed then the sp will no doubt be rewarded.
My longer term sp target with Cu production was 12-15c. I don't think Alara will ever get the SA Zn/Cu project because it should attract some big players that's if the Saudis are genuinely interested in developing the project at all. They seem to be more concerned with which member of their extended 'royal' family is plotting to stab them next.