ARH 0.00% 0.5¢ australasian resources limited

re: peter I rang the company yesterday because I was concerned...

  1. 251 Posts.
    re: peter I rang the company yesterday because I was concerned about the share price. They obviously said that they cannot tell me anything that isn't already in the market place. However they did say that everything is proceeding according to plan and their technical team is currently in China working on the design phase and the feasability plan would follow.
    I originally asked to speak to Darren but was told that he was in a meeting and they put me through to a lady.
    The fact that Darren is back from China and the technical team is still in China in my opinion may have positive connotations. They said they would not be putting out any further announcements until they had further information to add to their previous announcements. The lady I spoke to suggested that the current share price may be a reflection of the fact that they haven't made any announcements recently. She appeared to be positive about the future.
    What the share price bottom will be I have no idea.
 
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