ARL 1.12% 45.0¢ ardea resources limited

Godolphin IPO, page-12

  1. 4,825 Posts.
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    It’s today sirgoldinger.

    Now- to tidy up the chart thread, let’s bring the discussion here.

    To all wondering about the value of ARL after the GRO IPO? Considering it was done in order to clear the path for any potential partner to come in and fund the building of the GNCP etc mining plant there is no way to value it as ARL - GRL = $X

    It is a case of ARL - GRL = proximity to potential ARL funding has shortened. Math goes out the window for a moment.

    Good luck trying to get back in for what one sold at if a partnership or even partnership discussions being formally commenced announcement drops.

    A partnership would see a dramatic rerating of ARL’s share price & it won’t be down. It will be up, quite possibly by a multiple of the current price.

    An interesting moment in time for all of us, wherein we can profit by learning about this process.
 
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