ARH 0.00% 0.5¢ australasian resources limited

quarterly, page-6

  1. 350 Posts.
    Zombie - even the faithful lose faith and patience sometimes. All things being equal it is not great news that Sino corporate advisors have not been able to achieve anything. Could \ "lack of communication" be code for "no takers"? As an investor i hope not. Updating the 2008 feasability for current costs will only make the project look more expensive - and i frankly don't know why this wasn't done earlier. This together with the uncomfortably high AUD are troubling. Don't get me wrong -I still believe there is a valuable resource and potential deal in play here, however, there is no point Clive waiting for a blue sky price that is not reflective of current market conditions........The terms "preliminary discussions" were also used in the release - that unfortunately seems to be as far as the company ever gets.......
 
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