AUQ 10.7% 5.0¢ alara resources limited

My biggest worry is from Mocico and Ajlan consortium not...

  1. 265 Posts.
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    My biggest worry is from Mocico and Ajlan consortium not Maaden.

    here is why: Ajlan is a cery wealthy businessman multi billionaire and it is his first rodeo in Mining very enthusiastic! He is likely to overbid due to his lack of mining experience and the fact it is first shot at what could be a huge mine in the future so he may view this as his only shot to make a grandstand and get in the mining business in a big way. His background is realestate and clothing stores.

    Maaden is interested in it but not as much as Alara and Ajlan. They are more interested in the land up for auction soon (um aldamar) as it is close to a mine they own in JV with Barrick ( the canadian company) and that for them is way more interesting so they may wanna keep the cash fire power for that one.
 
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