Exactly. Ardea was always a bet on higher nickel prices. Anyone who doesn't believe in the EV story and it's effect on nickel and cobalt prices should probably stay away. The best thing to do now is hunker down and not spend too much money to minimize dilution. Maybe do a little bit of gold exploration since we have that option.
It is in our interest for Ardea to raise as little money as possible in an unfavorable environment. One example is RNC and their Dumont project. They pushed forward with nickel lingering in the $4-5 range and now on 28 percent of the project. I hope our guys can do better.
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $82.86M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.5¢ | 41.5¢ | $1.598K | 3.826K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6299 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 3813 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |