They are not that low. The great thing about these results are that they are extremely close to surface.
Also there is copper mineralisation noted in the first hole reported. Those grades are nothing to sneeze at. Very promising results from hole number 1.
ARE will also be free carried at Torrens. I suspect many who have bought into ARE in the last few weeks have done so because of Torrens.
Yes they may need some funds but given the sentiment towards ARE at the moment, I dont think they will have any trouble raising the required capital and with the share price rising, dilution should not be that much of a concern
Cheers
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