ARI 4.17% 2.3¢ arika resources limited

Hi Hawkduka,Completely agree with your assessment of the prudent...

  1. 947 Posts.
    lightbulb Created with Sketch. 20
    Hi Hawkduka,

    Completely agree with your assessment of the prudent use of cheap debt funded capital. That is what a good business is supposed to do if it has good opportunities.

    The transformational strategy has been evolving over seven years and is now in the home straight.

    The speed to market of this IO expansion remains the key. ARI have been able to get in an make it happen, whilst many of the the bigger projects have met bigger development hurdles. ( Aquila, Hancock, BHP Outer Harbour, Vale and most of the West African development ). Goes to show the importance of the rail and port infrastructure in the ARI portfolio.

    FT
 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $14.22M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $22.53K 951.1K

Buyers (Bids)

No. Vol. Price($)
3 332206 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 210000 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ARI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.