ARL 6.25% 51.0¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-392

  1. 2,808 Posts.
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    I see that being likely

    my usual reminder.

    this $100m company has raised up to $100m, at a $1.50 valuation with worlds best partners.

    75% offtake is secured so long as partners raise the capital of which 70% is likely to be lowest cost debt globally.

    the sell to 50c is insane.
 
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