ARL 1.16% 43.5¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-168

  1. 399 Posts.
    lightbulb Created with Sketch. 180
    So true ,
    they have there own bank.
    the question I ask is this
    70% wt to DFS
    30% funding
    cause the DFS is of high quality
    and there risk is 42% of the DFS
    says a lot to me.
    they are committed and confident.

    a good friend of mine in recent years
    very high on the Christmas tree rung
    developed a site for a Japanese major company.
    thought he was only going to get 200 m
    they committed 800 m.
    the Japanese once they make there commitment
    they are 100% in.
    these are world class partners


 
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