ARI
Click for more information
2.86% 3.4¢ arika resources limited

The Qtrly - 6 monthly -What will it say ???, page-8

  1. Beardy
    2,449 Posts.
    lightbulb Created with Sketch. 45
    clock Created with Sketch.
    07/01/16
    16:34
    Post #: 16750118
    VBeebles
    As I explain it to my greenie son, USD are needed to pay for our stuff ( that is Toyotas etc etc)
    And we get these USD by exporting ( generally rocks or food, as we are too small and too far away to be manufacturers)
    Your industries generally do not earn big USD
    So how do we earn the USD if no mining ?

    sure we can develop some software ( in competition with the rest of the world) but will it earn the billions of hard currency necessary to pay for all of our imports ?

    I don't think so.
    ARI Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Exceptional gold recoveries of up to 99.5% from Star of Mangaroon confirm strong processing potential
right-arrow Created with Sketch.
JBY Acquisition of the high-grade Independence Gold Project
right-arrow Created with Sketch.
NEWS Positive guidance from the US FDA on Phase III trial
right-arrow Created with Sketch.
I88 Infini Resources announces further high grade uranium in soil results from Portland Creek
right-arrow Created with Sketch.
NEWS High-grade copper discoveries expand Rae's mineralised footprint with two new district finds
right-arrow Created with Sketch.
NEWS Most viewed thread today: $10m institution led raise to accelerate and expand drilling
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ARI (ASX) to my watchlist
(20min delay)
Last
3.4¢ 		Change
-0.001(2.86%) 		Mkt cap ! $21.03M
Open High Low Value Volume
3.5¢ 3.5¢ 3.4¢ $9.105K 263K

Buyers (Bids)

No. Vol. Price($)
3 1206565 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 180300 3
View Market Depth
Last trade - 10.43am 15/10/2024 (20 minute delay) ?
ARI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.