Evening - that's not quite how the PoS will impact the share price. If it gets to $50 then the share price will likely be many, many times the current levels.
The current resource will be profitable at about $20USD according to George - every dollar increase in PoS will increase the profitability of the resource. Factor in George thinks he can double or even triple the resource "fairly easily" with a significant re-rate of the PoS then things start to get silly for little old ARD.
Lots and lots of variables but I want to be in ARD for when the silver bull / run happens. It could be a life changing stock to hold if (and it's a big IF) the PoS explodes.
The short term increase in the share price is obviously welcome but that's not the story for me.
Ann: DRILL RIG ARRIVES TO ARGENT'S FLAGSHIP KEMPFIELD DEPOSIT, page-116
-
- There are more pages in this discussion • 213 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.21M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $52.14K | 3.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2641772 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1685051 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ARD (ASX) Chart |