ARL 2.56% 40.0¢ ardea resources limited

Pertinent market/industry news/articles, page-263

  1. 3,329 Posts.
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    Thanks for the work on that @xGenesis
    For the record I have a substantial holding in AUZ and am not surprised with your reception.
    I have been around the blocks a few times and am fast learning that throwing numbers around in a press conference without detail is meaningless.
    I want to see the BFS due very shortly/now, Q2 was the commitment.
    What I took from the information is that SK International have fully funded the plant build and that is encouraging for not only AUZ but it sets president for ARL as well.

    There seems to be a lot of smoke and mirrors between the 3 Aussie nickel cobalt stocks we discuss here, I feel they deliberately muddy the waters a little making accurate direct comparisons difficult.
    In my opinion ARL and AUZ are both compelling buys, there is always risk at this early stage but we are learning more all the time and as this story unfolds there will be some very happy shareholders.

    Musk has an agenda and that is cheap cobalt, unfortunately for him reality and want are mutually exclusive concepts, market force will overpower him and Tesla. If Musk pushes the boundary of zero cobalt too hard, he could end up creating a publicity nightmare, as well as creating a recall of bankrupt magnitude. Sometimes a prudent center attitude to technology on safety is safer and better long term.

    I have been in ARL and AUZ for over a year now.
    Commitment and patience is key.
    RED

    DYOR
 
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