ARL ardea resources limited

ARL Speculation Lounge, page-6

  1. 3,372 Posts.
    lightbulb Created with Sketch. 1898
    I would like to add to the above post highlighting the following items as I understand them.

    1 That Vale were essentially buying into a blank canvas resource.
    2 That KNP had had very little work done prior to their involvement.
    3 That it was up to Vale to develop, fund and finance.

    Now moving into 2018 the situation is very different.
    1 100% ownership by ARL
    2 The previous development spend by Vale is now $50M
    3 ARL has extended this substantially and the resource is now a very much known quantity.
    4 KNP as a known quantity has mostly all of the development risk removed.
    5 The processing plan, intellectual property is known, proven and off the shelf, further reducing risk.

    Now moving into the demand side for materials.
    1 I feel that the point of no return with regards EV is now passed and legislated.
    2 Transition is well under way, car and battery manufacturers are tooling.
    3 The race for dominance and international competition is obvious.
    4 Nickel, cobalt, and lithium supplies are where the effort is required to keep pace.

    Last but not least
    1 ARL has enormous resources that are internationally strategic.
    2 ARL has what is considered internationally strategic mineral and metal reserves.
    3 ARL is in a safe economically stable jurisdiction with proven ability to supply.
    4 ARL has the 3rd largest class 1 nickel reserves in the world comparable to Norilsk and BHP.

    If you think I like ARDEA RESOURCES as an investment, you would be 100% correct.
    I know what I have done, I do not back away from my actions at all.
    RED

    Its time to let ARL fly
    Last edited by RED328: 22/11/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
42.0¢
Change
-0.005(1.18%)
Mkt cap ! $88.37M
Open High Low Value Volume
42.5¢ 43.5¢ 42.0¢ $3.785K 8.951K

Buyers (Bids)

No. Vol. Price($)
3 8846 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 10000 1
View Market Depth
Last trade - 13.18pm 14/07/2025 (20 minute delay) ?
ARL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.