ARH 0.00% 0.5¢ australasian resources limited

reinstatement mon 16th, page-42

  1. 73 Posts.
    Of course there is a chance that this may have a few speed bumps along the way. We have already had a couple. However the fundamentals of this company are a perfect storm.. 1billion tonnes of iron ore already established. Possibly or more likely probably access to 60 to 100 billion tonnes in the middle of the largest modernisation process of any country in world history. The massive Japanese economic miracle from 1955-1983 was built on the back of iron ore from the Hammersley and Kimberley area andJapan is a country of 120 million people and NO ONE in Australia saw that coming. Japan has set the living standard in Asia and now the rest want catch up. Now we face the same modernisation process again of China with a country of 2 billion plus and then India 1.3 billion.

    ARH is technically entering an agreement with the Chinese Government to supply 25 years of iron ore. Steel of course being the essential base for bridges, cars, buses , ships, planes, highrises, appliances, motorbikes, schools, houses and much more. Basically the whole country will use this iron ore on a daily basis There will be defenitely be another 20 years minimum of huge demand for iron ore ffom China. Palmer owns this ore and ARH will be the direct supplier. The fundamentals of supply and demand are simple here.

    I can see there being hurdles along the way and some major obstacles however this is an upstart company about to enter the bigtime. Sit back watch and enjoy the ride.

    cheers.


 
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