Interesting we can trade the Rights AHRNA you may have noticed them on your Chess holding.
I am predicting a 20% to 30% upgrade. I am confident that Directors like Garry & Grant who are very competent geologists will be reviewing the upgrade prior to its release.
Note with a current ANTIMONY value of just under $200 Mil a 30% upgrade would be $60Mil with a $1Mil drilling cost NOT BAD.
This is a company critical upgrade so I am confident the wording and Timing will have maximum press and shareholder impact. My punt is Thursday or Monday/Tuesday. But with the Rights closing on the 22 Dec and the appropriate paperwork to be mailed out the announcement would have to be in the next few trading days.
Grant is a panellist and comments on the Business Chanel so the news flow will be interesting.
As the rights are tradeable the turnover and trading price will be interesting.
When it comes to Risk Reward and Critical announcements AHR is up there.
I trust this announcement will be the catalyst for a new direction for AHR.
Please DYOR.
AHR Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held