Cash as at 31/12 = $2,471,784
The Half yearly reports state Macphee Creek POW to drill early 2011 (mid April fits early 2011 in my book).
I have held ARO for sometime and just topped up at 0.004 to average down. The management team seem to be schmucks but North Doolgunna, MacPhee Creek, etc are in quality areas with other companies reporting awesome results. We have potentially GOLD, COPPER, RARE EARTHS + DIAMONDS across all tenaments.
P&D maybe but when the drilling starts IMO I am very much going to be holding shares and still feel that the ground ARO holds will reward shareholders.
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