Q: Hello 5i,
What is your view of ARIC today.
Thanks,
George
What is your view of ARIC today.
Thanks,
George
5i Research Answer:
ARIC is smaller, speculative and pre-revenue so we would view it as higher risk overall. They have $11 mln in cash as of the recent quarter with but operating cash flows are only negative by roughly $2 mln annually at this stage. It will likely do fine in a strong gold environment but will be volatile regardless.