Thank you all for reassuring me regarding a takeover. Kablooey's comment regarding a merger/joint venture seems more likely to me. It could cost up to 2 billion dollars to build and commission a plant for extracting the cobalt and nickel. The scandium extraction seems to be on hold at the moment. Ardea does not have that sort of money. I still have to buy my loyalty options but that will not be enough.
Cobalt prices seen rising sharply as deficit balloons, page-77
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Last
47.0¢ |
Change
0.020(4.44%) |
Mkt cap ! $93.85M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 48.0¢ | 45.0¢ | $29.95K | 64.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 35000 | 1 |
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| Last trade - 15.50pm 08/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |