2 billionaires on the Board. One of which has a buy in price of over $8/share with 80 million dollars invested. If SRL is having trouble getting funding or securing an off-take partner with those sort of connections what hope in hell does ARL have.
these are the facts;
1. Board members spinning off assets and then appointing themselves to the board. I suppose this means they know about diversification! 2. Arl has been attempting to get this off the ground for decades and have failed 3. Resources are spread over such a wide area that the costs of extraction are massive.. not to mention the depth 4. ARL board refuses to publish a DFS showing costs.. Why? Too expensive and not enough meat left on the bones 4. $2-$0.47 in months for the shareprice with more baked in pain to come 5. Tax write off selling to come
DYOR and don't let TOP 20 whales unload the bags on you
ARL Price at posting:
47.5¢ Sentiment: Sell Disclosure: Not Held
