only 12 mtpa then long term prices are the key, page-3

Angle, firstly I do not know what you are on about, and secondly I am not downramping just stating an observation as the SP has been the proof of the pudding.

I was merely suggesting that ARH cannot be compared to other stocks in the category because they own no ground just a lease. This will cause the sp to always lag as they simply do not have the security of ownership.

Just look at the other players they have all moved upward huge amounts over the past 18 months. ARH lags due to the reason above. If you wish to hold I am not here to change your opinion just voice mine as this is what makes a forum.