AUQ 0.00% 5.5¢ alara resources limited

Ann: Project Updates-AUQ.AX, page-3

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    Yes, I agree wording is quite confident.

    ....

    Hmmm, I also had a feeling that Oman projects might be flipped, however the new comments on "other opportunities" is interesting....

    -In regard to further opportunities in Oman
    -A new copper tube manufacturing (plant) is scheduled to start up in the Sohar Freezone in mid- 2018
    -Copper cathode for the plant will reportedly be sourced from Iran or the local market
    -
    The only copper smelter in Oman is currently under care and maintenance (which is state owned)
    -The Al Hadeetha Copper-Gold Project is the most advanced copper project in the country
    -In short, the joint venture company Al Hadeetha Resources LLC3 is set to be a significant player in the development of Oman’s copper industry.

    Something may be in the wings here........and we just unexpectedly raised a bit more capital.........

    cheers
 
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