AR1 interesting quarterly... Some times I wonder how much price sensitive information is hidden in there... PCS managed to hide their search for advance lithium project in Africa...
and now AR1 managed to hide very important and price sensitive information in the last quarterly...
To support its legal action the Company has received an informal litigation funding offer to support the initial action and is now looking to augment that offer with the support of legal experts in the field of international law and arbitration. Not withstanding those efforts, the Company has recently received information that the Government of Egypt plans to tender the Abu Dabbab Project internationally. Arrowhead holds all of the detailed technical data and is facilitating discussions with interested parties to examine a joint proposal which would benefit Egypt by removing the “overhanging legal dispute” and focus on potential development plans; but at no further cost to Arrowhead shareholders.
AR1 spent $30m on the project which is multiples to its current market cap.
