C7A 0.00% 0.9¢ clara resources australia ltd

Ann: Capital Raising, page-9

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  1. 322 Posts.
    lightbulb Created with Sketch. 14
    Agreed, the figure is low and seemingly quite precise.

    My guess is that they have a pretty solid estimate of when they'll be able to be net positive from internal operations.

    Feels like a bridge to kick start Mt Cobalt further while we patiently wait for that illusive Granville stage 2 up and running update/forecast, which will indicate that the entire business plan can move forward and derisk the whole company significantly.
 
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