ARL 2.27% 43.0¢ ardea resources limited

Ann: Ardea BTZ gold exploration success at Lady Charlotte, page-13

  1. 412 Posts.
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    In conversations I have had with management, the clear strategy was to wait for market sentiment concerning Nickel and Cobalt to turn around, rather than engage in disadvantageous trade or partnership negotiations. So rather than be idle, focus has been on the gold reserves, with the current bullish gold sector. So this has been a very wise strategy, resulting in our breakout from our Nickel Cobalt peers, all of whom are still languishing at their lowest levels. I really appreciate the wisdom and abilities of the team to change focus quickly to take advantage of opportunities. This, along with the reduction in Board member salaries during Covid crisis, gives me great assurance that we have an extremely trustworthy and gifted leadership/Board, who are committed to the prosperity of the company shareholders.
    BE
 
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