OTCPK:ARTTF - Post by User
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Zerosumon Oct 04, 2017 9:17am
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Post# 26774342
RE:ARV Short term I think ARV... 04/10/2017, 27658344
RE:ARV Short term I think ARV... 04/10/2017, 27658344Very interesting post via Hot Copper.
Thanks for posting.
I like the implications that a major could be significantly re-valued on a per ounce ratio by the market as a percentage of it's total per ounce cost ratios worldwide should this prove up. And (IF) it does prove up the majors would realize this. Many of their sorry A## balance sheets could use the potential leverage the Pilbara might offer (IF) this proves up. Problem is, many of the majors are not done deleveraging their balance sheets from 2005 - 2012 or would have a hard time levering back up right now.
Does that mean (IF) this proves up do we see a NEW major formed out of this?
It's a what if and believe me it's a big IF right now.
https://www.youtube.com/watch?v=_iiOEQOtBlQ