ARL 1.10% 45.0¢ ardea resources limited

in simplest terms, I think this comes down to how desperate the...

  1. 2,808 Posts.
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    in simplest terms, I think this comes down to how desperate the market is for our product vs how desperate our management is to secure finance.

    so things like our management being heavily invested, and our cash burn being so low and our cash on hand so high (we have about 2yrs runway) is in our favor. As is the auto sector desperation to stay in touch with Tesla.

    things counting against us? Obviously current price of nickel (but that goes for anyone in the sector), and perhaps the volume coming from Indonesia? But that volume has significant risk attached (many ways for that supply to be disrupted), and appears more or less Chinese controlled. so the geopolitical overlay would suggest EU/USA money and supply chain partners will want alternatives

    not sure what factors were at play in your potash stock but hope the above helps
 
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