ARL 0.00% 43.0¢ ardea resources limited

Ann: Feasibility commences on Lewis Ponds mineralised system, page-7

  1. 4,582 Posts.
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    15c, not sure about that but I do like the grade return.
    I'll be purchasing off-screen today, no need to telegraph purchases !!

    Also could box-out easily once main pit has been exhausted.

    Obviously needs more infill holes, and will likely be viewed as a two tier sand-pit; near hole 1 and then hole 3. Gold credits are what will keep the market entertained in my opinion; especially as Gold rebounds from it's soon to be finalised lows of the 1180/1210 zone (1 month to play out).

    I have always like leveraged plays with gold/platinum/silver - safeguarded from global economics to some degree.

    Personally excited but LP will need time to play out.

    Love that we have the next 12 months practically free carried, going into a Cobalt deficit/ changing market ... much to like about ARL at present.

    Regards, NL.
 
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