Hey Moealara, what I did not understand is why we did not try and JV with Maaden. It is the logical choice, unless Alara were thinking an alternate strategy of adding a "free carry interest" to the government as a sweetener (ie 10-15%). I am a long termer here, but hold little hope for the Saudi licence. Hopefully (super optimistic thought here) whoever wins it either offers Alara money for the BFS or a stake in the project.
Either way, they need to focus on clawing back some of the time lost in terms of program for the current project.
GLTA
AUQ Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
