Im happy with the premium for the CR although I think one attached option would have been better, two is a little generous imo.
I hope the funds are used in an efficient and rapid manner to drill the gold targets that ARD has. They have some great targets that potentially have company making prospects but they need to be drilled to realise their value. As much as I like Kempfield I just don't think that it will excite the market as much as a significant new gold discovery at West Wylong or Trunkey/Pine Ridge unless of course they hit the feeder zone at Kempfield.
Lets see how this unfolds over coming months.
ARD Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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)