ARL 1.22% 40.5¢ ardea resources limited

2017 Cobalt boom & 2018 Nickel boom?, page-464

  1. 1,628 Posts.
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    Pretty hard work to load up more without pushing price over 60s. This is really a tightly held stock. I thought I could sneak in a quick buy sub 0.56 this morning.
    Compared to other cobalt and lithium players, end-of-year sales have hardly affected ARL SP. On the other hand, pretty awesome drilling reports have also not excited the market very much. But this is across the cobalt/lithium sector. Seems the big boys are chasing some other dopey stocks in Oz at the moment. Common sense is a rare commodity as it seems. Someone said 'Trump'?

    imagine what would happen to the SP if another insto would like to take a sizable position in ARL right now.

    Anyway, future is looking bright for ARL IMHO. Bring on the resource upgrade.
 
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