I am more than happy to see it hover above 2 dollars, as going forward we can't forget the spin off of the other assets, the negotiations with the professor for adjoining tenement off Balmoral South which will increase the output, and then of course there is the BFS in March. If these all come off as we plan them to, then realistically 5 dollars is a reasonable chance. Having said all this, with what is going on with Citic Pacific and construction due to commence very soon I can't honestly see this one not going ahead. It's in the ground and the Chinese want it bad, and we know money talks. So ARH will be pulled along by Citic Pacific like a skier behind a twin turbo 454 jet boat IMHO. This time next year we will all be complaining that we didn't buy enough shares when they were $2/ LOL Cheers notthemama
ARH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
