AUQ 2.78% 3.5¢ alara resources limited

no worries.just to clarify, among the fundamental variables that...

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    no worries.

    just to clarify, among the fundamental variables that the team are working hard on changing are the capex, which looks set to come down by some margin, and alara's equity commitment, which remains the stall point on manajem signing off on the JV, but which the company feels confident they are going to negotiate.

    so with a smaller outlay going into the project, the ROI to alara shareholders should be significantly larger than outlined by the DFS.

    add to this the fact that this will only be their first project, and that we can expect further exploration to enhance the shareprice a bit later down the track, and there is ample reason to believe that the shareprice could go a fair bit higher than the old 50c in due course.

 
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