AUQ 0.00% 5.2¢ alara resources limited

Ann: Approvals Received for Al Hadeetha Copper Project, page-16

  1. 15,742 Posts.
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    i dont really have any targets anymore because i dont really plan on selling. i know that resistance at 3.3c will soon get smashed and it'll settle around 5c in short/medium term, and i know that 8-10c is probably realistic value for Oman. but none of us know what the other prospects in Oman might be worth, or the JV with SWP. and then of course there is the elephant, saudi, which weirdly looks possible again given recent buying by the aforementioned 2 majors.

    but i've said all along, the size of the positions being held by directors can only mean one thing - long term plan must be dividends. i'd rather hang around and wait for those days, the CGT would kill me if i sold, even at todays prices.
 
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