Australia's largest stock trading and investment forum Australia's #1 stock forum

ARL

Click for more information

0.82%

60.5¢ ardea resources limited

Cobalt prices seen rising sharply as deficit balloons, page-80

First 80 Last

Share
Profile

Follow
Bobsa

1,425 Posts.

9

18/12/17

08:10

Post #: 29696087
Share

Originally posted by Stwlan ↑

Thank you all for reassuring me regarding a takeover. Kablooey's comment regarding a merger/joint venture seems more likely to me. It could cost up to 2 billion dollars to build and commission a plant for extracting the cobalt and nickel. The scandium extraction seems to be on hold at the moment. Ardea does not have that sort of money. I still have to buy my loyalty options but that will not be enough.

Expand

Way too high. Probably more like $300-700M depending on size of plant.

ARL Price at posting: $1.37 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 117 more messages in this thread...

First 80 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 60.5¢		Change -0.005(0.82%)		Mkt cap ! $118.7M

Open	High	Low	Value	Volume
59.5¢	61.0¢	59.5¢	$65.8K	109.2K

Buyers (Bids)

No.	Vol.	Price($)
1	7216	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
60.5¢	28565	1

View Market Depth

No.	Vol.	Price($)
1	7216	0.600
1	9342	0.595
2	49808	0.590
1	10000	0.585
1	3220	0.580

Price($)	Vol.	No.
0.605	28820	2
0.615	22379	2
0.620	51941	5
0.625	27500	2
0.630	90000	1

Last trade - 11.56am 24/05/2024 (20 minute delay)


Last 60.5¢			Change -0.005 ( 0.82 %)
Open	High		Low	Volume
59.5¢	61.0¢		59.5¢	32573
Last updated 12.30pm 24/05/2024 ?

ARL (ASX) Chart