Hey guys,
I got my allocation yesterday and the thought of taking an easy profit crossed my mind but I decided not to as I believe that the scoping study will give AHR a NPV of over a dollar per share without a doubt and emphasise the point of there being lots resource upgrade potential ( if the geologist looking at the deposit knows anything).
After all looking at it in the simplest way 300 million resource/50 million shares = 6 dollars.
Naturally the costs of setting up a processing plant and the cost of mining would have to be taken into consideration but by no means do I believe that the study will give the company a value per share anywhere near the 28c per share that the Chinese are offering.
Cheers
Happy New Year
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