Arunta Resources doesn't look too bad at its current share price. There seems to be a lack of interest in the company however.
Just wondering what you guys might think about it's future?
They are sitting on what looks like quite a promising prospect with southern cross bore project. With Johnnies Reward moving towards maiden resource and also further assay results due in mid October it looks like there is a positive outlook for the company.
In addition, due to the recent capital raising, they seem to have the necessary funds to continue exploration at Johnnies reward and Black Angus.
It appears that investors are hesitant, however, due to the lack of buying.
I would say at it's current price it seems like a good option. That's of course just my opinion. I hold a small amount at the moment but am considering increasing my share.
What is everyone's thoughts?
Remember my opinions are exactly just that, my opinions. This is simply a general discussion.
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