AUQ 1.89% 5.4¢ alara resources limited

Countdown, page-13

  1. 256 Posts.
    lightbulb Created with Sketch. 22
    Are we all assuming that the plant will be running like a well oiled machine from day 1 ?? Given their track record with missing milestones (by a considerable margin) on the more simple process of building the plant, then I'd say there is a good chance it'll take them a while to get the circuit working efficiently. This is their first rodeo remember, if they make it to 8 secs first ride I'll be surprised.

    It's all good to produce concentrate, but you have to do it economically. Didn't they change their processing methodology mid construction because of the lack of reliable water source. Does that effect OpEx ? I also assume we've had CapEx overruns given they have borrowed money from our offtake partner to finish the build.

    6 weeks and counting



 
watchlist Created with Sketch. Add AUQ (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.001(1.89%)
Mkt cap ! $38.77M
Open High Low Value Volume
5.4¢ 5.4¢ 5.4¢ $1.782K 32.99K

Buyers (Bids)

No. Vol. Price($)
3 70722 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 100000 1
View Market Depth
Last trade - 11.36am 22/07/2024 (20 minute delay) ?
AUQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.