ARL 1.08% 46.0¢ ardea resources limited

Ann: Resource Upgrade at KNP Cobalt Zone delivers 108M tonnes, page-40

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    @hot frogletto says
    $26 billion in ground value. Researc has shown that the average takeover value of in ground resources is 5% of resource value. So conservative valuations start around $1.5 billion.​

    That puts the share price around the $18.00 mark if your knowledge is correct
    RED
    Last edited by RED328: 14/03/18
 
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