Australia's largest stock trading and investment forum Australia's #1 stock forum

ARL

Click for more information

0.00%

60.0¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-85

First 85 Last

Share
Profile

Follow
Burt23

210 Posts.

14

29/04/24

17:21

Post #: 73564375
Share

Originally posted by RED328: ↑

Mick, You are still not getting the 15%.

The DFS completion results in 35% ownership by the consortium, I think we all agree there.

The 15% is where the consortium uses their significant GLOBAL power and their GLOBAL financial muscle combined with TECHNICAL KNOWLEDGE to provide the necessary credibility to this project.
The consortium must perform by providing FID financing for the project, for this performance of facilitating funding for the project, they get an additional 15% of the project ultimately being a maximum of 50%

Just imagine little old Ardea going to the market unassisted looking for 3Billion Dollars, It would be laughable in the context of financial muscle, technical know how and the possibility weighted for success.
We need the consortium mate.

The deal is simple, don't complicate this.
RED

Expand

love it

ARL Price at posting: 85.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 251 more messages in this thread...

First 85 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 60.0¢		Change 0.000(0.00%)		Mkt cap ! $119.7M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	897	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	1123	1

View Market Depth

No.	Vol.	Price($)
1	4988	0.595
2	617	0.590
4	21877	0.585
2	5220	0.580
1	1172	0.570

Price($)	Vol.	No.
0.570	1123	1
0.600	500	1
0.605	9628	1
0.610	8537	2
0.615	17500	1

Last trade - 09.54am 04/06/2024 (20 minute delay)

ARL (ASX) Chart

Day chart unavailable