- Joined
- 19 March 2006
- Posts
- 598
- Reactions
- 2
Hey Michael ...Still trading under ARH ...I'm kinda curious as to how no one is following this
The deal with clive palmer should be sorted out soon ....without knowing how they're going to work this agreement it's pretty difficult to guess at what the sp will be
present market cap is $128 million but with a billion tonnes of magenite ore coming their way ....
I wish there was a precedent for this which would give us more to speculate on....personally I'm thinking he's got to be asking for 51% with royalties....but I'm also thinking the sweeter the deal for Clive the better as then SHN would be in line for the other 60 billion tonnes???
like I say a lot of guess work in this one can't wait to see what the arrangement will be
The deal with clive palmer should be sorted out soon ....without knowing how they're going to work this agreement it's pretty difficult to guess at what the sp will be
present market cap is $128 million but with a billion tonnes of magenite ore coming their way ....
I wish there was a precedent for this which would give us more to speculate on....personally I'm thinking he's got to be asking for 51% with royalties....but I'm also thinking the sweeter the deal for Clive the better as then SHN would be in line for the other 60 billion tonnes???
like I say a lot of guess work in this one can't wait to see what the arrangement will be