AS1 asara resources limited

Had been eagerly awaiting these numbers to see if the recent...

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    Had been eagerly awaiting these numbers to see if the recent sales figure quoted was just for the Easter period, or the entire quarter. Turns out, that was it. All up, if I'm honest, receipts look fairly ho-hum in my opinion, especially considering the prior 2 quarters had 770k between them. That said, they've put a disclaimer in there to say this is the 'quiet' quarter but since they're planning to spend $2m next quarter, which will drain cash pretty rapidly, sales will need to ramp up significantly - particularly exports.

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    Last edited by Nomadic_Investor: 26/04/18
 
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