Austeel -- another privately owned Co (and I've got $50 on who lurking in the background) has pulled out of Newcastle due to a scrap with the NSW govt and i believe will never get off the ground at Balmoral
ww2 it ALL applies to ARH as the company is part of all this.ARH are the only publicly listed company in the whole shebang Anything that goes on down there is a potential bonus or a potential threat to this ever getting under way. ARH could be made to go away with one board meeting or it could be made into another FMG. The fact is nothing is being delivered to the people like you and me weather it be results or just plain old information.
rintz has posted some relevant info -- J357 has answered. You get stuck into them.
May i cut and paste from 22/1/11 back when the share price was 46c ((((Jimmy, Would U please tell me why the Citic project is relevant?I have recently bought in and am finding it hard to get info.Can one get the feasibility studies?Why did the Chinese pull out?I have heard that there may be problems wrt milling the orebody?On trawling the old posts I came across some comments about management figure(s),perhaps now not with ARH,that were apparently involved in strange stuff?What do you think of the current management?Im only asking because we want someone to put in $3billion.Does management have the background and expertise to pull that off? My fears may be groundless and now may be the best time ever to hold ARH.It appears,however,to be difficult to evaluate this company.Any information would be appreciated.Both of the brokers that I deal with had never heard of it.I got in for one reason;Clive Palmer.))))
You bought into this company not knowing squat.Your brokers knew squat.
God help us
ARH Price at posting:
30.0¢ Sentiment: None Disclosure: Held