nevcop,
I havent looked at their balance sheets for a while.
Last i held ARD is once i converted options and sold them on market when D---D pumped it up.
Back then they had nearly 9.7m on books (6mnths ago) and they are burning abt 1m a qtr.
They should have about 6-7m and a MC of 17mc.
Thats not bad for a company whose Kemperfield project is worth 'as is' 40million.
Remember ARD, have Kingsgate MD on their board. And they bought Silver standards 70m oz silver deposit in Australia for 90m !
SO this gets any cheaper Kingsgate, or any other company will be happy to take it over.
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