Dear All
A first post on this subject. But as along standing Alara shareholder - whatever happened to the Khnaiguiyah Bankable Feasibility Study in Saudi Arabia and negotiations with the successful project bidders - namely Moxico Resources. Lot a money spent but seems there is no follow-up once lost the tender process for the mining license rights. What a waste of shareholder funds if no further negotiations. To their credit current management took a winner in Oman but they should also follow up on Saudi project and advise. Agreed that information flows need to improve, including to raise market awareness.
Best regards
New Management, page-30
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