Alternatively, if I'm corporate advisor, sell ARH's 1Bt to CITIC cheaper (if they are interested) eg between $50-100m then ARH collects royalty fee instead of Mineralogy collects. However, because CP is the biggest shareholder of ARH, he gets most of that royalty fee anyway.
This way ARH will be a royalty fee collecting company & with $100m cash = $0.20+/share (from sell of ARH's 1Bt project). Then can use cash to takeover other explorer companies with annual royalty fees to fund explorations.
ARH Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
