ARL 1.10% 45.0¢ ardea resources limited

Ann: Heavily oversubscribed placement raises $5.54M, page-58

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    there will be many more institutions looking on ready to take their place in the line. but yes, great start to the morning.

    The fact that with all options converted, that we will not need any cash to get us past the PFS and quite possibly through the DFS massively derisks the project and outlook. Management don't need to be wasting time drumming up business, they can just get on with doing what they do best and the share price will take care of itself!
 
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