ARH and SDL and two completely different beasts- pointless trying to compare IMHO.
I've been around and in and out of ARH for good and bad at different times over the years.
This example of talking it up again - Chinese visiting and sending delegates has been going on for 2 years now- and produced jack all.
I would like to be so positive as to think this is the big break, but I think this will be a SP pump up with a cap raising on the horizon in coming months. ARH have been crawling along leaking cash for months and months. a couple of million from old Clive won't go far and I can't see a deal getting stitched in the next 6 months.
In my opinion- The excitement about this is all a bit premature. Evidenced by the fact that market update wasn't designated as price sensitive.
Will happily be proved wrong.
Cheers Spek
ARH Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held