ARI
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7.14% 3.0¢ arika resources limited

Is it 60% Grade story today?

  1. GreenTint
    169 Posts.
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    13/06/14
    15:47
    Post #: 13522262
    Obviously ARI has found more buyers than sellers today.

    7.6% off the low on big volume. 2% of market cap.

    But AGO and FMG are at their lows and the futures are flat?

    Most surprising...

    Has the market realized that Arrium sells high grade 60% ore?

    I suppose the company silence on grade discounts means they are not experiencing any or they are not material.
    ARI Price at posting: 84.5¢ Sentiment: None Disclosure: Unspecified
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.0¢ 		Change
0.002(7.14%) 		Mkt cap ! $14.95M
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2.9¢ 3.1¢ 2.8¢ $38.63K 1.307M

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3 715543 3.0¢
 

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Price($) Vol. No.
3.1¢ 31967 2
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