How do you think explorers should raise funds? Debt is not a good idea as it can send a company broke quickly. In the current environment I think this is a good move while waiting for the Murdie approval and Torrens on hold.
The company has money to drill both Higginsville and Murdie and hopefully we get a hit.
ARE have 3 projects with high potential (excluding Zambia) which for a tiny explorer is exciting and if you don't like it sell. The stock is at the same price as before the virus which isn't a bad effort, albeit the damage was already done.
ARE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
