AUQ 2.63% 3.9¢ alara resources limited

announcement out, page-12

  1. 15,846 Posts.
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    rainmaker i understand that the market is only prepared to pay 9c today, but what i am reporting is what sophisticated investor clients are being advised.

    personally, i make NPV at 33c, but i'm not a research broker and am happy to defer to their valuation formula.

    i can't agree that it is only a 9c stock, $21m for a 60% interest in a $2b project at financing stage sounds incongruous to me.
 
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