ARL 4.44% 47.0¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-182

  1. 321 Posts.
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    Great summary, Jacko. tongue.png

    What are LT shs' thoughts regarding ARL conducting further drilling campaign on the Goongarie tenements in order to increase the MRE by a lot more, including the polymetallic credits?

    On the one hand, it seems to me to be pointless in view of the proven LOM of > 40 years. Also, why do it to benefit the JC if they are not contributing to the drilling costs.
    But on the other hand, it also seems to be a waste of a great opportunity just letting the economic ores continue to lie underneath and undiscovered.

 
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