ARH 0.00% 0.5¢ australasian resources limited

BW, A float this size does not happen every day and if it goes...

  1. 335 Posts.
    BW,
    A float this size does not happen every day and if it goes ahead which I think it will there I beleive may positives for share holders.

    The road getting there may be a bit bumpy on occation as ther is a lot to put together in a relitively short time.

    Behind this float is real meat, one of the largest magnetite Jorc complient sources in the world and what I also like is the deversity aspect that will put RDI in the same end of town as BHP RIO with good strong connections with the chinese. In saying this the Chinese want to secure these resources for future growth and also get there dependency away from the likes of the current big players which they would be more than happy to tell to stick it up there jumper when the time comes.
    Maybe ARH via RDI is the way that they can position themselves for this.

    Good luck to all
 
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