As previously stated i dont see the sp moving until PP gets his hands on the 76%, he releases more tonnes on realisic commercial terms and we get a firm commitment from the Chinese.
I think people/the market forget that he has spent years firming up a relationship with the Chinese.
I also dont think people/the market recognise the significance yet of the deal he has done with CITIC. To part with 215 million us dollars for the right to mine 1 billion tonnes is a serious commitment.
CITIC have already made PP a very wealthy man.
I dont think PP would be mucking around with ARH unless he had very serious intentions of increasing his wealth. Why bother, he is already set for life.
- Forums
- ASX - By Stock
- ARH
- quarterly report is out
quarterly report is out, page-8
Featured News
Add ARH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online