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ARH - Australasian Resources

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Thanks champ. I was just keen in entering a small miner for the summer holidays to gain some excitement. Was thinking EXT for the time being..
 
IMO and if I was you I'd leave ARH behind until it resumes a clear uptrend
Click to expand...

I'll second that.

Scorpio's will also have luck in love this December.
 
Looks like its finally going to make a run from here on with volume and interest back...

keep an eye on it


edit: strong volume on open
ARH 0.100 0.105 0.105 +0.005 0.105 0.105 0.105 3,047,919
 
MalteseBull said:
Looks like its finally going to make a run from here on with volume and interest back...

keep an eye on it


edit: strong volume on open
ARH 0.100 0.105 0.105 +0.005 0.105 0.105 0.105 3,047,919
Click to expand...

It will get smashed after this negative release
 
I thought this might have a run up to the AGM...a speeding ticket as well...there's been a lot of people sitting on the sidelines I hope this aint a case of pump and dump.
trying to get the day off on friday to goto the meeting ...I'm hoping a lot of tough questions will be asked...and it will be nice to see PP under the spotlight
 

This is what happened last time so i am pretty sure it wont be much different. Pump and dump as you said
 
ARH,

this morning 25 sellers, 3,000,000 volume selling at 11 cents

now over 2 mill buying at 11..

ARH 0.110 0.115 0.110 +0.005 0.110 0.110 0.110 3,624,727
 
MalteseBull said:
ARH,

this morning 25 sellers, 3,000,000 volume selling at 11 cents

now over 2 mill buying at 11..

ARH 0.110 0.115 0.110 +0.005 0.110 0.110 0.110 3,624,727
Click to expand...

Very strong finish by ARH I wonder what it could be to bring so much interest in a share that was so forgotten.
 
trading halt

hopefully some decent news coming from the AGM

i have been waiting most of this year for something to spark

 




Hi folks,

So, much for the skeptix on this thread ..... !~!

ARH ... tipped in another weekly competition, ARH
performed well to finish 30% up for the week,
bringing home, yet another winner for us .....

Game 2: -=RESULTS=- Total Players this week: 26
======================

Based on Friday 15/12/2006 Close:

Rank | Player | Closing Price | % Gain/Loss for the week | Stock Selected

1. yogi-in-oz $0.115 --> 30.68% ARH
2. taz $0.095 --> 28.38% MLS
3. mdry $0.270 --> 22.73% JGL
4. emstar21 $0.700 --> 9.38% QHL
5. ann $0.230 --> 4.55% BDL
6. snapper $0.760 --> 1.33% CBH
7. jadfking $0.097 --> 1.04% SBS
8. petroz $7.850 --> 0.77% BLD
9. austinpowers $1.130 --> 0.00% OMC
10. dad69 $0.105 --> 0.00% QAD
11. franks&beans $0.410 --> 0.00% SHG
12. namrog $1.600 --> -0.62% RSG
13. ectoplasm $0.870 --> -1.14% MAH
14. perky $3.080 --> -1.28% LHG
15. mazda6 $0.280 --> -3.45% BMX
16. kmthor $0.270 --> -5.26% ESG
17. busker $0.260 --> -5.45% BKP
18. wanklr $0.215 --> -6.52% DES
19. nifty49 $4.880 --> -7.40% CDU
20. utthi $0.245 --> -7.55% TEX
21. george_sdc $0.37 --> -7.59% DYL
22. woomera $0.28 --> -8.20% GOG
23. tren $0.078 --> -11.36% WMT
24. novski $0.250 --> -13.79% INL
25. nizar $0.170 --> -15.00% EVE
26. ssr $0.680 --> -15.53% GDN

Players in the green: 8
Players even: 3
Players in the red: 12
======================

With a 30% gain on ARH, yogi-in-oz is this weeks winner. Taz and MDRY,
close behind in 2nd and 3rd, respectively.

Cheers,
Scott

ARH ... astrostuff ... another winner .....

=====

have a great weekend

yogi

 
i dont understand why the skeptics of arh want to keep talking about them....move on.
 
Yeah totally agree tooly.

I also would like to know what Freeballinginawetsuit and others issue is?

There is definitely a hidden agenda

eg got burnt in the past, shorting or something else.

It's fine to have a neg opinion but why go on and on about it every week.


Anyway end result is great news, and ARH will have a magnificent 2007.

so Freeballinginawetsuit bad luck that your not on it. I was very happy to buy it next week, and congrats to everyone else who bought in.

I personally don't think there was much risk at all.

This set-up was much different to their past failures.

Also may have access to BHP and RIO railway line if FMG wins the case.
 
I thought todays announcements were interesting

"Negotiations with potential strategic funding partners for the Balmoral South Project, whilst ongoing, are simplified by the completion of the acquisition and Australasian is hopeful of concluding a suitable funding arrangement early in 2007. Australasian will apply for its shares to be reinstated to trading on the ASX as soon as such funding has been finalised."

They sound fairly optimistic that funding will come come thru

and yogi I thought it was an educated gamble buying in before the AGM I'm of the opinion that there are a lot of people waiting on the sidelines with this stock and I spose once (if ?) they reopen there's going to be a lot more interest
Not only that but on a fundamental level buying in at 9 cents values the Balmoral deposit at 170 million which is quite cheap considering Citic paid 250 million for the northern deposit
From a previous post I used these figures to get these values

Going thru their last report they had insitu values from
170- 594 million so...
$170 mil divide by 3.3 B. shares = .05 $/share
$273 mil divide by 3.3 B. shares = .08
$594 mil divide by 3.3 B. shares = .17

so add the initial value of ARH (0.04) and you get
.09
.12
.21

273 million was the reasonable value

if anyone see's mistakes in these calculations please tell me as I'm still really a novice at this ( but with high hopes !!!)
 
Kgee,

I dont think we can come up with a realistic valuation for the shares until we have some real indication as to the likely earnings. The Stanton report really struggled to come up with their valuation due to the lack of earnings and the less tangible nature of the total asset base.

I think the shares were originally due to resume trading on January 8 for memory. It would appear that they are now not going to resume trading until the funding is sorted. Personally i think this could be good given the relatively tightly held share base. Reinstatement on the day they announce the funding package will hopefully give the sp a nice little kick along.

I just hope they give building the DR and pellet plants the flick initially.
 
Yeah cheers kenworth ...I've been struggling with this and its not easy when the valuations that you get range so much ie 170-590 million in situ.
Have been hearing rumours that the ore will initially be shipped unrefined although nothing was mentioned at the AGM.
 
Kgee,

I hope that is the case as less capital will be required and hence less ultimate dilution of our holdings. They must also be getting very close to receiving the results of the final three drill holes which will hopefully increase the resource from 958 million tonnes TO over the magical 1 billion tonne mark.

It will also be interesting to see CITIC's drill results on the central block, particularly given that around 129 holes for memory have previously been drilled there and i think Terryl said they had four rigs drilling their at the moment.

As much as these shares have driven me crazy over the past few months the company is pretty much adhering to its timetable.

Be interesting to see how long it takes for the Chinese to take a reasonable holding in the company.
 
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