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0.8¢ clara resources australia ltd

Strategic Review, page-20

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136 Posts.

10

29/10/19

07:55

Post #: 41111896
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Originally posted by ChristopherC ↑

It's a catch 22. They need debt to fix everything and get the plant back in operation . Without debt their cactus. So, the last thing they need is the thing that will allow them to get out of the hole they are in.
A selloff of their Queensland asserts could take time they don't have , but there will be buyers due to the Nickel and cobalt potential. And the vultures will look at it as a distressed sale.
A tin sale would give them some wriggle room and time.

Christopher

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ANW Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $2.190M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$5.056K	688.0K

Buyers (Bids)

No.	Vol.	Price($)
1	768456	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2996864	5

View Market Depth

No.	Vol.	Price($)
1	768456	0.007
9	4689224	0.006
11	6050194	0.005
2	749995	0.004
3	2699995	0.003

Price($)	Vol.	No.
0.008	2996864	5
0.009	400000	1
0.010	1109471	4
0.011	1149816	6
0.012	144610	2

Last trade - 15.53pm 18/11/2024 (20 minute delay)

C7A (ASX) Chart