We are so lucky that Sumitomo is doing the Technical DD on our project. Seems from the language that is now complete
"Ardea continues to make substantial progress with the Japanese Consortium (ASX Release 21 December 2023) who have advised the Company that they have completed their technical due diligence on the 5 July 2023 Pre-Feasibility Study."
To me "satisfactory" completion of technical DD will be a huge tick of approval from the best in class - I suppose it will now be down to the business end - i.e. Finalise the structure of "Earn-in" for the consortium to fund our DFS .
Ann: December 2023 Quarterly Activities and Cashflow Report, page-9
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Last
59.5¢ |
Change
-0.015(2.46%) |
Mkt cap ! $118.7M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 61.0¢ | 59.5¢ | $47.67K | 79.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 16446 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 60.0¢ | 17743 | 1 |
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| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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59.5¢ |
Change
-0.015 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| 60.0¢ | 60.0¢ | 59.5¢ | 20461 | ||
| Last updated 15.52pm 29/05/2024 ? | |||||
| ARL (ASX) Chart |