AUQ 3.57% 5.8¢ alara resources limited

Who are they kidding?, page-75

  1. 852 Posts.
    IMO. They need to raise capital.

    There remains concerns with the leases and the JV. From what i have seen of management, they don't appear to have a good handle on this. Yes...Well known issues, but some prefer to ignore the risks.

    I don't get excited by the NPV broker spruiked valuations.

    It boils down to a view on the ownership. The asset looks ok to me.

    Until resolved, i see no need to be here, my money is going elsewhere.

    Disclosure: I was a holder, sold out at 10c

    Sorry no silver bullet for current holders.

    LM.
 
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5.8¢
Change
0.002(3.57%)
Mkt cap ! $41.64M
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5.7¢ 5.8¢ 5.5¢ $6.816K 121.1K

Buyers (Bids)

No. Vol. Price($)
2 39262 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 440000 3
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