Some very good points bliimp, times are now very different for both ARE and SRQ from when all this was happening. The important point is that the target is massive and if they get exploration over the line, I wouldn't think they would have a shortage of JV partners lining up. As I said yesterday this is very early days, but the announcement is significant none the less. I would have thought that Straits would be a more leveraged entry to Torrens, luckily I sold shortly after the capital return and only just bought back recently under 10c. Still also holding ARE.
ARE Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
