ARH will not exist if Resourcehouse take over. You won't get the...

ARH will not exist if Resourcehouse take over. You won't get the cash, you will get the equivelent value in Resourcehouse shares. In which case $2.20 value against the current project status is oustanding.

But given that iron ore is only one piece of the Resourcehouse puzzle I wouldnt expect that but something like 1 Resourcehouse share for every 3 or 4 ARH share given that ARH only have a right to 1 billion tonnes.

Just my thoughts. And i would take it. As to whether I would sell them right away well I probably would as that would be a very healthy profit from what I paid.

Lets hope this is what happens and that Resourcehouse is way over subscribed!