A new year dawns upon us.
Here are my picks for 2010.
Merry X-mas and a Happy New Year.
RMI - Only 0.8 cents per share. $13 billion JORC resource. A possibility Wowo nickel project could be developed next year as feasibility study will be finalised within the next 12 days. One director is currently a spokesperson for Baosteel (China's largest steelmaker), could see this project become a JV.
ARE - Bigger than Olympic Dam (TWICE THE SIZE). Torrens project awaits NT clearance, with an outcome due in under 2-5 months time. Marginally above cash value only. Approx $9 mill in the bank and only 166 million share on issue. NO DEBT. ARE Has numerous other projects that could have a positive impact on price. Currently 7.3 cents a share. This one could sky-rocket on any positive Torrens news.
HAW - Only 0.8 cents per share. Over $4 mill in the bank. Iron Ore with untested northerly sections of tenement at Mt Bevan. Also involved in gold and uranium.
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