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The Markets
by Proactive
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The Markets
by Proactive
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Mining

Arrow Minerals discusses intriguing valuation with investors

Steven Michael previously worked as a mining analyst for Macquarie Bank

Arrow Minerals Ltd's (ASX:AMD) managing director, Steven Michael, presented to investors at Proactive's CEO Sessions this week in Melbourne and Sydney.

Arrow currently holds around $5.5 million in cash and listed investments yet has a market capitalisation of just $7 million.

The company therefore has an enterprise value of around $1.5 million, while holding an extensive portfolio of assets.

Strickland Gold Project

Arrow has an extensive drilling program underway at the Strickland Gold Project in Western Australia.

The project covers over 100 strike kilometres of greenstone belts which straddle regionally significant shear zones.

FULL PRESENTATION: Melbourne / Sydney Investor Luncheons Presentation

Arrow also has exposure to lithium, a joint venture with Independence Group NL (ASX:IGO) and has also partnered with Pacton Gold Inc. (TSX-V:PAC) in the Pilbara.

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