ARL 1.12% 45.0¢ ardea resources limited

Hi larynx-Bella - Longer term shareholders and many others are...

  1. 5,851 Posts.
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    Hi larynx-Bella - Longer term shareholders and many others are well aware of the history of nickel laterite although much water has passed under the bridge over recent years.
    It was Vale of Brazil who praised Ardea's nickel at the time of the GFC, as resource being the largest in the developed world (a significant discovery and resource) and while I am at it, today, its resource is of the highest grade. That aside for now -
    The latest Ardea announcement could certainly lead one to believe that further exploration has the possiblity of a Silver Swan scenario. In any case, any sulphides at Ardea can only continue to enhance the resource and grade in the future.

    The most important factor that you do not address is that no significant sulphide discoveries are out there.Right now is the time for the only fall back - which is laterite!!!
    Not only for the the huge requirement for EV's but also the continued requirement for quality stainless steel etc.
    Time and technology has changed a lot in recent years.

    As has been pointed out by several Ardea holders here, Ardea is so very much more than laterite - it is one stop shop!!
 
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