ARH australasian resources limited

valuation, page-2

  1. 299 Posts.
    As of last Friday comparative market caps were as follows:

    MGX - $314 Million
    Gindalbie - $183 million
    ARH -$93 million
    Midwest - $82 million

    From the initial research i have done ARH has both higher reserves and resources than any of these other stocks, in some instances significantly so.

    Additionally, none of the other stocks appears to have potential access to anywhere remotely near the tonnage ARH will have through further deals with Palmer.
    Food for thought given the respective market caps.
 
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