-Positive developement updates from CITIC,s gigantic project(next door to ARH,also Magnetite,soon to produce,infrastructure sharing agreement with ARH,sold to Citic by Clive Palmer).
-Clive Palmer using ARH as a vehicle to realise value of other Balmoral assets.Balmoral is a virtual aircraft carrier full of "carrots"ie potential sweeteners CP can use to clinch the deal.
-HUNAN striking a deal with CP
Any of these,IMO,would cause the SP to EXPLODE!
Make no mistake,Clive Palmer always gets what he wants.This project WILL TAKE OFF! No one,I repeat no one,should underestimate the determination,capacity and genius of this man.
In the meantime,there is nothing much we can do.The board is wise in keeping their mouth shut,and if and when something favorable happens,it will come out of the blue.To those who have substantial paper losses,I dont believe its prudent to sell out,even if you could.Thats just my opinion and not advice.I still strongly believe that the fundamentals are very impressive not least of which are the qualitative fundamentals of having Clive Pal;mer as the largest investor in ARH.
ARH Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
