ARH 0.00% 0.5¢ australasian resources limited

all systems go, page-9

  1. 471 Posts.
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    Hey Mama,
    Have you done the sums on FMG, it's current share price, number of shares on issue and tonnage expected to be shipped and compared it to ARH? Mind you we have magnetite theirs is iron ore I think. It would still be an interesting exercise as I feel your number of $5 would be right on the money and ARH would be relatively debt free compared to FMG's high gearing.
    Cheers,
    Stumpy.
 
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