ARH australasian resources limited

Our only long term hope of survival is the merger.However there...

  1. 1,490 Posts.
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    Our only long term hope of survival is the merger.However there would appear to be zero chance of that taking place shortly, so why arent we being updated.

    No one is going to be interested ie Shougang in the 1 billion tonne mag deposit in the current or foreseeable future.

    But we seem to be carrying a large payroll of expensive executives who were supposedly going to run RDI's iron ore division.

    Clive has been running around buying shares in all sorts of companies mainly i would have thought at the behest of the Chinese for the float.

    I am finding it very difficult to make sense of what is really going on here.

    Starting to resemble a cross between a deer in the headlights and someone refusing to call the shots.

    And who is going to cough up the 15 million in stamp duty should we have to pay it?
 
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