This is the topic, just because you are not liking what is posted does not mean you can steer the ship in another direction. Anyway someone just start another thread.
It is discussion in relation to the chances of this thing going ahead which I agree with BWJ of around 1 in 10, actually I think they are pretty good odds and probably should be around 1 in 20.
The problem with ARH from day 1 was that it was being steered by a single person with a puppet board put in place. The company has never listened to shareholders concerns with any real seriousness. Clive has bounced from 1 idea to another. The first bad sign was the delays, then the promised upgrades which after 1 upgrade stalled, the 1 billion tonne mark which was so heavily released has never been pursues, The ground is not ARH and is subject to significant Royalties, ARH could not even pay some tax without assistance, the list goes on.
There are simply too many variables to value this ogre and now clive throws in RDI and the market tanks. I think the 1 in 20 odds of this ever getting off the ground are pretty optimistic!
Add to My Watchlist
What is My Watchlist?