ARI arika resources limited
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Loans are unsecured, banks cant push into VA unless covenant is...

  1. Kepo
    1,459 Posts.
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    06/04/16
    14:06
    Post #: 17436050
    Loans are unsecured, banks cant push into VA unless covenant is breached, yet.

    Closing whyalla can be costly with employees entitlements of 5000 people.

    Closing whyalla means no long steel manufacturing capability in australia.

    Closing whyalla means gov will lose face and credibility, and election is coming so could be lots of finger-pointing.
    ARI Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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