ARL 2.33% 42.0¢ ardea resources limited

Ann: Goongarrie Hub Water Extraction Licences Granted, page-5

  1. 1,526 Posts.
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    Keep some upside for next year too eh?. Slow and steady.

    I have this inclination management wants to get to the bottom of Emu Lake and how much SP upside is there. We may be able to keep a bigger portion of KNP for Ardea SH away from the hands of our future St. Partner.

    Emu Lake may be worth a lot lot more than its NPV as it's impact on SP will improve the economics of KNP for us.

    I am still keen to buy more when I see weakness.

 
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