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4.26% 45.0¢ ardea resources limited

Share Price Plummeting: How Low will it go? 40c, 30c, Back to IPO 20c???, page-251

  1. RandAlThor1
    693 Posts.
    lightbulb Created with Sketch. 291
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    19/06/23
    13:28
    Post #: 68358372
    Hi Not RED but all other ARL holders,


    honest question... Have a look at Lake Resources (LKE). The just released an announcement that I feel will be similar to the next announcement from ARL.

    CAPEX blow out to the tune of 1.4 billion dollars
    Mining start date delayed into the 2030's

    LKE shareprice down 15% and will fall lower over the week. Was $2+/share 12 months ago just like ARL.

    Question.. If the above happens what do you feel the ARL shareprice will be?
    ARL Price at posting: 33.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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