Some other things.
It is not clear to most shareholders why the mining JV AHRL does not pay us back the $21M it owes to us!!!! This is rather a large amount in the context of a $25M company (I know why because I was part of the panel process, and while I am not allowed to comment, shareholders should be asking our management why).
It is not clear why ARL (Alara Resources LLC) , our mining services JV, which as shareholders we funded the creation of and drill rig purchases, has supposedly been busy and successful ever since inception, and yet never a dividend paid back to AUQ? This is despite most of the 'contracts' seemingly fully subcontracted out to Al Tasnim? Forgive me, but if ARL is fully subcontracting things out all the time than we have no costs and are just picking up a margin that can easily be returned as a divvy yes? Well not apparently in this case. No divvy payable despite us being told in every annual report for years that this JV is busy and successful..... In fact we have received exactly $0 from our investment in this JV. Sound familar?
And no mention of our big moves in Saudi either (see below).... Are the Arabs (and Indians) laughing at us as we constantly supply capital to them and get nothing back??? I am beginning to think that is exactly the case.
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