ARL 2.27% 43.0¢ ardea resources limited

Hi BE, welcome back old friend.I think there will be a ladder of...

  1. 3,326 Posts.
    lightbulb Created with Sketch. 1886
    Hi BE, welcome back old friend.
    I think there will be a ladder of events leading to higher share prices.
    I think the next rung on the ladder will be the formalisation of agreements to proceed with the DFS, resulting in a new higher rerate price.
    I think that there is a possibility of a cash payment but this may not come to pass considering the DFS commitment of $+-$50k
    If we get a cash payment alongside the DFS agreement, additional rerate value will be attained, I think.
    Following that will be the DFS, which I think will be fast tracked personally.

    Then there are the business as usual other tenements, and who knows what materialises from that source.
    I think we are in for a lot of announcements as the team refocusses into other areas of interest and resource development.

    The consortium may even increase the scale of the project wink.pngeek.png
    RED
    Last edited by RED328: 10/07/23
 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
-0.010(2.27%)
Mkt cap ! $85.86M
Open High Low Value Volume
43.0¢ 44.0¢ 43.0¢ $4.32K 9.921K

Buyers (Bids)

No. Vol. Price($)
2 21138 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 52626 4
View Market Depth
Last trade - 15.49pm 30/08/2024 (20 minute delay) ?
ARL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.