ARI arika resources limited
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time for some realism, page-2

  1. VBeebles
    439 Posts.
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    17/06/15
    20:30
    Post #: 15485534
    "So to figure out that ARI are only $260M or so in debt at the end of this half says some recovery in cash flows has occurred.(allowing for exchange rate change on debt)."

    But they're up to their neck in debt - like $1.8 billion. THAT's the problem. And that's why the SP is 14c and falling.
    ARI Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.8¢ 		Change
0.001(2.70%) 		Mkt cap ! $29.74M
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