Couldn't agree more Jim357 Mad scramble to update a 3 year old document when the company within those last 3 years was supposed to be in negotiations with prospective partners -- one would think this would be updated on a regular basis Looong periods of nothing to report doesn't help the sentiment on here and as a long term holder with a substantial investment i am living on hope ATM as nothing the company has done since the start of the Shougang negotiations has given me any reason to believe this will go forward -- again lack of info
WW2 Yes we have a large deposit and a port and EPA clearance etc etc -- its all ready to go The one thing we dont have is a clear defined way forward I do believe there is a plan for ARH but only 1 person and possibly a few select others know what that is and they are holding their cards very close to their chests
It is possible that they are waiting for Citic to ease into full production this will enable shared use of the port to be bought into the picture and thus making it more prospective. I am not sure what has been agreed upon but this has been included into the agreement with Citic. Another card being held close as this would have been a deal between Clive and Citic themselves.
Frustrating for shareholders as what we have and what is possible has been done to death long ago.
ARH Price at posting:
31.5¢ Sentiment: None Disclosure: Held