ARL 7.29% 44.5¢ ardea resources limited

Ann: Japanese Consortium Update on Progress on KNP Goongarrie Hub, page-6

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  1. 99 Posts.
    lightbulb Created with Sketch. 26
    While I wanted the announcement pre Easter, they've used the wording 'extended to April', where they usually extend to the `end of April', which says we could have news any day from next week.

    - Already started drilling
    - Potential increase to 4mtpa
    - sole funded by consortium
    - Final wording on co-operation agreement

    For any down rampers, there's nothing negative in this extension and potentially a bigger upside
 
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