I wouldnt even bother with ARH's other assets, exploration...

I wouldnt even bother with ARH's other assets, exploration licenses.

The only relevant thing to ARH is this deal with minerology. ARH's other assets arent worth anything hence a share price of 4 cents prior to the Balmoral due diligence and drilling period.

Sherlock Bay is a long way off. It is also a low grade nickel deposit so will beexpensiveto bring to production.

The two licenses for uranium deposits are still at the application stage i believe and to be honest I dont think that they are a realistic project in the next 10 - 15 years any way. They are both in WA and in WA there is no uranium mining allowed at this stage

The good thing is if they pull this Iron ore deal off and get it into production they will have some cash to do some real work on Sherlock Bay.

In my opinion if ARH get this Iron ore to market, We will have a Western Mining type company in the making.

In 5 years we could weel see a share price of $10+.