ARL 0.00% 47.0¢ ardea resources limited

I have to admit........, page-58

  1. 75 Posts.
    Thanks, Kingtide,

    So you think we are currently / might be in a pre dilution phase?

    Obviously, all companies have at some time a need to raise capital.

    But,.............. if the potential Cobalt assets are there (Are they proven, not sure on that one?) then assuming the available resource is there.........we can exploit the resources, and I understand we are already well funded cash wise according to the 2017 Financial Report.

    I also know we have the PFS, and DFS to do, that I assume, will confirm the level of asset/resources. ( Is that correct?)

    But all in all, and knowing we have a long way yet to go till production, based on predicted resource levels the potential for this share looks very good indeed.
 
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