big close!, page-3

lol@"maybe" something is up.

well that is an understatement.

JV execution anticipated within a week, CEO buying on market, and even our Chairman at long last finally investing in the company (albeit in a token way).

Roadshow preso's going out to NY, London, MENA and now HK

and meanwhile, the shareprice STILL hasn't even recovered to it's PRE-DFS lowest price yet.

i'll tell you what i think is up - i think the charade of "the saudi's will never let this go ahead" is finally being asphyxiated by the smell of real money. the current NPV of the project translates to an Alara shareprice by my estimation of over 30c, but i am reading elsewhere even higher figures.

the chinese investors are being reminded right now that the KSA have budgeted a record $70BILLION for mining development this year alone. our DFS has already been unofficially pledged it's entire capex.


they probably just know how to do maths.