C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Quarterly Activities Report, page-89

  1. 4,954 Posts.
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    I was having a look at top gainers and losers and noticed Tin co Kasbah resources in the loser section. I had a look and it looks like they are raising funds at 9.5c to progress their Morrocan project. Read their investor presentation and their project is big and underground, so probably a lot more costly per tonne than little old Granville. There project looks bigger than Taronga at present, although i think Taronga will be bigger once explored more. Does anyone here have an opinion on how Kasbah compares to Aus Tin in relation to return on investment etc?
    I must say initial impressions are positive.

    Christopher
 
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