this is only the second set of results for the year lots more are panned including the camel hills project which has the potential to produce a significant amount of iron ore. this is a very busy year for the company and you have to be patient with the size of the area they are drilling its not as simple as putting a hole in the ground and coming up with a tonnes of resources, hopefully this will yeild results in the next few months, the share price being below the cash component seems crazy but then again market sentiment can change at the drop of a hat in this market,one decent find which underpins the share price will give the company momentum for more exploration in the future. good luck to all concerned.
ARM Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
