ARH
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0.00% 0.5¢ australasian resources limited

valuation, page-2

  1. glennmoulton
    299 Posts.
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    02/10/06
    15:15
    Post #: 1826970
    As of last Friday comparative market caps were as follows:

    MGX - $314 Million
    Gindalbie - $183 million
    ARH -$93 million
    Midwest - $82 million

    From the initial research i have done ARH has both higher reserves and resources than any of these other stocks, in some instances significantly so.

    Additionally, none of the other stocks appears to have potential access to anywhere remotely near the tonnage ARH will have through further deals with Palmer.
    Food for thought given the respective market caps.
    ARH Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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