Hi Everyone
I am posting a few words from an anonymous good source in the know.
Make of it what you wish.
Think CAREFULLY about these words of wisdom.
REDThe deal is very good for Ardea in that we can maintain the 50% Goongarrie project equity once FID is made and into 40 years of production.
We keep 100% unencumbered on the Kalpini and Yerilla Hubs.
The share price has been impacted today by the retail selling of all those sub 2,000 holdings. They bought at $0.40 to $0.70 in the last few months for the March then amended to today’s April announcement, and would be selling irrespective of their understanding of today’s DFS funding and project development descriptions.
Now its all about getting the DFS under way and for Andrew in addition, all the explanatory broker roadshows.
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-100
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48.0¢ |
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Mkt cap ! $95.84M | |||
| Open | High | Low | Value | Volume |
| 46.8¢ | 48.0¢ | 45.5¢ | $11.78K | 25.18K |
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| 3 | 81978 | 45.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 23716 | 4 |
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