ARI arika resources limited

News: ARI Australia's Arrium plans sale of Moly-Cop unit -administrator, page-7

  1. 2,668 Posts.
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    If it's going to happen so quickly,it implies some of five maybe six things.

    ARI's books are fairly CLEAN and straight forward.
    ARI businesses ongoing making money.
    Whyalla steel is the only real ongoing problem business.
    Lots of interest in ARI businesses.
    Moly-Cop now making a fortune and worth enough to clear one if not more loan syndicate.

    Possibly 6,new controllers(board)/owners for ARI found/investors

    or the banks pushing for a quick resolution before some shareholders get their act together and win a court case and add $650-$1.2Bn to the debt pile.

    DYOR +DYODD Or is this also a response to positive views,many of them here,showing ARI businesses are generally going gangbusters and the employment strings have been unleashed across ARI businesses,to cater for growing profitable business,with a fair few advertised,including an executive secretary???,in Sydney.
 
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