AUQ 0.00% 3.7¢ alara resources limited

Ann: Oman Project Update-AUQ.AX, page-14

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  1. 3,028 Posts.
    lightbulb Created with Sketch. 50
    wonderful announcement and true to AUQ form...hint hint. AUQ have always been masterful and not divulging, but hinting.

    Notice paragraph 4...lines 3 and 4...where it relays the link to the massive sulphide intersection (as below)

    "This was foreshadowed in a previous announcement and sits outside the current resource model."

    What we have is an announcement confirming something hinted at previously.

    Now within the paragraph 6 it states "the Washihi mining licence application and project financing are progressing well"....

    I think from this hint we can expect an announcement soon on financing. and this is further reinforced with the following "We look forward to providing further updates as we move towards completion of the infill drilling program.” .

    Cartoons or not, I think they are writing the manual on an emerging underdog in a difficult environment.
    Last edited by amok: 08/06/16
 
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