ARL 4.44% 47.0¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-384

  1. 19 Posts.
    @RED328, You are absolutely right about the importance of formalising a strong and secure partnership, hats off to ARL for this undertaking. Knowing that Ardea will maintain 50% control of the project is a great outcome. There are rumours that due to the significant Goongarrie project being DE risk, the market could potentially push the stock to $5-10 and keep it there while the financial terms are being finalised.
 
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