ARL 6.25% 37.5¢ ardea resources limited

Ann: Ardea KNP Goongarrie Hub MOU with Japanese Consortium, page-99

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  1. 412 Posts.
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    Hello all,
    apologies for my long absence. I left the heavy lifting on the forum to others much more capable than myself.
    After many many conversations with the pillars at Ardea, I am very excited to see a name emerge as a potential partner, a consortium prepared to have skin in the game from the outset. We all know that this was the agreement that the brains trust has been patiently waiting for.
    From my personal experience with board members and execs, I know that these developments are likely understated and unimbellished. I don't do sharemarket, I am an investor, based on trust and resource fundamentals. I don't have a portfolio, just Ardea.
    For these reasons, shy of some major black swan event, I suspect this will sail a steady course to full production.
    I have a question though for the faithful long-termers: on the back of these two announcements I expected a significant impact on the value of the company. What am I missing?
    Regards and best wishes to all.
    BE


 
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