ARH australasian resources limited

answer me this

  1. 361 Posts.
    1. I've never seen it mentioned that Citic has completed a bank feasibility study on its central block and yet theyre going ahead with construction.

    2.ARH's first announcements say theyr'e looking for funding for " a definitive feasibility study and aquisition costs"....futher announcements then state theyr'e in negotiations for " short and long term funding" and then say theyr'e " confident of concluding partial or full funding"....
    what is it wer'e waiting for....

    3. We have a mou with MCC and now it looks like theyre going ahead with citic's project on the central block... whats that saying about "economy of size?"...surely it would be cheaper to do 2 identical projects at once... a bit like building a big duplex?

    4. It says first shipment of ore (citic) will be 2009 and yet its a 3 year construction project

    5.Why does everyone hate that PP has 76% and think that us shareholders will get no return on our investment? I mean we can still calculate the PE ratio and EPS and any future dividends still get evenly divided
 
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