So Mr Palmer is now the major shareholder of ARH. How do people envisage the sp decreasing? Surely his other assets like the Nrth Block is now ARH's. The Chinese have rights to Mine up to 6 Bill tonnes within the central block.....I would be surprised if the same amounts are not available in the southern block as well as the nrth block.. His big claim a few months back is that he has more Iron ore within his land than Rio and BHP put together.....It has to be proven (see the CDU problem) but for a 20c+ stock atm the potential is huge. Time will tell.
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