I have just had the chance to read the study on the ASX site and it reads well. No doubt our new shareholders will be happy to have bought into AHR at 28 cents per share. Looking back this will have been a real bargain. As share holders they will be delighted to see the future is bright for AHR and welcome the results of up coming drilling program. This will increase the long term share price and in turn theirs. NOW if in the future someone was wanting to take a controlling interest in AHR.AX I would expect that they and others would need to look well and hard at a number north of 28 cents. The quicker the offer was made the better I would have thought. Every time we drill we just turn up millions of dollars of extra resource. Seems to this share holder that a few cents spent on drilling provides 10's of dollars in return. Lets use that sealed road up to the gate get a drill in and start drilling. Also the North Coast is a picture at this time of year, I would have thought a drilling team would consider it a real treat.
AHR Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held