Did anyone do a cross check on the numbers? I had a quick look and the only resource number that is the same as ARH is the 12Mtpa mining target. The reserves quoted are different.
"Iron ore mined by the China First Iron Ore Project is expected to be sourced from the Balmoral Deposit and the Bilanoo Deposit."
It does mention Balmoral Deposit I suppose that could be the Susan Palmer Deposit - Where is the Bilanoo deposit?
I think resourcehouse is talking about something other than the Susan Palmer Deposit.
Hope I am wrong. Continue to wait and see.....
ARH Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
