Not one of your comments applies to the enormous MAGNETITE resource for which all permits have been received.The only remaining hurdle is,as Im sure U r aware,is the financing.Currently the Hunan group have entered into negotiations and the feasibility study is being updated.There is very strong demand from China and as i posted recently,Palmer successfully did a deal enabling CITIC to mine an adjacent large magnetite resource which is on the brink of production.All the boxes are ticked except the finance. None of the other non-iron ore tenements are of relevance.ARH has one resource and it is an elephant sized one ie the MAGNETITE iron ore.We are fortunate that Palmer,the richest man in Australia,owns 66% of the shares in ARH.His success with CITIC will,I am sure,be repeated with ARH. I really am at a loss to explain the irrelevant nonsense that has been posted recently.
ARH Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
