Nice to see a more positive and realistic article regarding ARH...

Nice to see a more positive and realistic article regarding ARH on page 39 of the Weekend Australian (business section).

I think we can expect to see further equity dilution and the sale of non core assets.
Article alludes to the fact that PP's equity will be diluted potentially allowing entry to the ASX 200.

Over and above the issue of shares to the Chinese it will be interesting to see how ARH raise the remaining equity.

Given the size and cost of the iron ore project relative to ARH's existing size , some creative financing will be required.

I think we are in for a rapid and bumpy ride and personally my shares (as advised by others on this board) are going in to the bottom drawer.

Minnows do not become mammoths without pain, frustration and the occasional setback.

The end result should be faaarking fantastic.