ARH australasian resources limited

1. I would have presumed that CITIC would have determined an...

  1. 299 Posts.
    1. I would have presumed that CITIC would have determined an adequate source of gas as part of their due diligence procedure prior to giving PP a cheque for $290 million australian dollars.
    Maybe its the actual price that they now have to pay for the gas that has become an issue.

    2. The due diligence undertaken by Promet engineers indicated that that the pellet technology was proven. There are pellet plants operating successfully in many parts of the world.
    Or is it an ore related problem perculiar to this deposit.

    3. I cant see the 457 issue stopping the project.


    Seems like more smoke and mirrors.
 
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