The options are due this month at an excise price of (arvo) 1.2cps,can not see them being in the money,the next lot are due in Aug 2016 @2c ps. Yes there has been steady buying or be it at very low volume, the only reason i can see in keeping the price down is to allow the entry of a JV partner down the track. If we see big volumes being traded once the drilling starts, which should be shortly then fingers crossed we are on a winner. I see you valued ARV at 4c. I have gone into ARV proably more heavy than i should have, still no regrets, will stay the course only money after all.
ARV Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
