ARH 0.00% 0.5¢ australasian resources limited

As previously stated i dont see the sp moving until PP gets his...

  1. 299 Posts.
    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.
 
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