AUQ 0.00% 3.7¢ alara resources limited

Ann: Half Year Accounts, page-2

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  1. 3,914 Posts.
    lightbulb Created with Sketch. 497
    i couldn't see anything new to me in the report

    how to value this?

    9000 usd/t copper
    88 m AUD NPV for Alara's 51% share.
    25 m market cap
    13 m accounts payable
    35 m debt at completion Alara's share ?USD?
    (19) m owed to Alara from JV

    plus:
    35% interest in mining contractor
    10 year mine life
    some additional tenements around the mine

    thoughts:
    - needs a new additional project
    - should be over 0.05 within months?
 
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