C7A 11.1% 1.0¢ clara resources australia ltd

Nup, I think thats your game dude, others have genuine concerns...

  1. 381 Posts.
    lightbulb Created with Sketch. 378
    Nup, I think thats your game dude, others have genuine concerns and issues with the capability, history and effectiveness of the board and management, You can turn a blind eye to history, others like me won't. How some think this company is worth investing in pre a liklely consolidation is very interesting.

    I'd look at ANW again if decent management was in place and only after any likely consolidation which would bring the valuation back to a realistic figure of circa $5M IMO, which is why I keep an eye on ANW. I enjoy your promotion of ANW, I guess time will tell if your excessive ramping of ANW will be of value to you or anyone else.

    Good luck to all current holders and investors looking to enter.

    10 Billion plus shares on issue
    Significant Debt
    No Management with Coal experience
    Not enough cash to make any significant advancement on any sites owned or under negotiation

    These items need to be addressed and then maybe AMW IMO would be worth looking at again.

    Cheers BJ


 
watchlist Created with Sketch. Add C7A (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.