ARL 4.23% 68.0¢ ardea resources limited

Anyone spooked by capex needs to do some homework on Mitsubishi...

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    Anyone spooked by capex needs to do some homework on Mitsubishi and how the Japanese do strategic business generally.

    the Mitsubishi coal and gas business has been printing profit like no ones business and they're desperate for future facing mining opportunities

    dfs and $3b into this project is a walk in the park for Mitsubishi alone, even before we contemplate sovereign finance

    and the way ardea is structuring the deal should mean we free carry on a decent slice of the project.

 
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