Australia's largest stock trading and investment forum Australia's #1 stock forum

AUQ

10.0%

3.6¢ alara resources limited

If AUQ should come good - but if not then the MD's next AGM will...

First 68 Last

Share
Profile

Follow
RSD

4,188 Posts.

150

19/06/24

17:27

Post #: 74395771
Share

Originally posted by bj789: ↑

Cudeco had native copper they couldn't process plus a lot of management bullshit.
There's a copper mine somewhere around a lake in Canada, lumps of native copper as big as a fridge - and that's where they've stayed...

but getting back to AUQ - most punters seem to think it will eventually come good but there's a possibility it will only limp along forever.
The market has no faith whatever in AUQ despite its superficially promising aspects, that's a red flag.
How many more plant disasters lie ahead for AUQ? its inept management cannot be relied upon for anything, they are just drifting around waiting for the next crisis.

What always puzzles me is the attitude of major shareholders and investors in companies like AUQ. When it is apparent that management have none of the skill sets required for a mining project why do they throw their money at a bunch of duffers? Current AUQ management should be thrown out completely and replaced by those who have some knowledge of the industry. Until that happens you'd be stupid to expect any good outcome from the mess called AUQ.

Expand

If AUQ should come good - but if not then the MD's next AGM will be his last!

Its getting to the point where a site visit to find out the facts and the solutions to the problems is becoming necessary.

AUQ Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

There are more pages in this discussion • 31 more messages in this thread...

First 68 Last

Add AUQ (ASX) to my watchlist

(20min delay)
Last 3.6¢		Change -0.004(10.0%)		Mkt cap ! $25.85M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.6¢	$25.97K	661.5K

Buyers (Bids)

No.	Vol.	Price($)
1	40000	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	87200	1

View Market Depth

No.	Vol.	Price($)
1	40000	0.038
2	55623	0.036
5	525823	0.034
5	221421	0.033
1	62500	0.032

Price($)	Vol.	No.
0.039	87200	1
0.043	206766	3
0.044	195452	2
0.045	100000	1
0.049	200000	1

Last trade - 12.36pm 04/10/2024 (20 minute delay)

AUQ (ASX) Chart

If AUQ should come good - but if not then the MD's next AGM will...

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

If AUQ should come good - but if not then the MD's next AGM will...

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News