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10.0% 3.6¢ alara resources limited

Ann: Project Update, page-18

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  1. Empty Nose
    3,904 Posts.
    lightbulb Created with Sketch. 495
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    22/11/17
    20:27
    Post #: 29035022
    Already gone from 1c to 3c
    1c being a dip from 2c
    incredibly nobody wanted it at 1c, just like today could not break 3c for now
    600m shares at 6c is 36m market cap
    add in say 50m debt for an 86m EV
    with NPV for just one project area being > than that
    not including the value and strategic importance of the processing plant, water pipeline etc.
    AUQ Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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