ARH australasian resources limited

Seems like the market has valued the share at approx 17.5c -...

  1. 923 Posts.
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    Seems like the market has valued the share at approx 17.5c - 18c. Not a bad base with I suspect only good news to come. Considering where it has been, the directors have done well. If only Palmer comes out with a comment detailing exclusive rights to his land assets, eg northern block.... Would make 1 billion tonnes atm seem very small indeed. That will be in the future I suspect. He/ARH has it, now a matter of who wants it...interesting times. Those that mention it will take 3 years to mine, yep it will, but it is not as if FMG is mining at present.... Market I suspect needs a guarantee on the amount there is to mine and a buyer. I wouldn't think this will take three years, therefore not going to take three years to obtain any value out of this stock. I wonder what the SP would be valued if a CITIC type deal is confirmed with Palmer/Arh for the southern and Nrth Block....
 
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Currently unlisted public company.

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