ARL 1.08% 46.0¢ ardea resources limited

Ann: Gold Exploration Update, page-9

  1. 4,824 Posts.
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    Another step forward in clarifying the investment picture for any potential JV partner in the larger game for us which of course is nickel and cobalt while once again flagging the idea of rewarding existing ARL shareholders with in specie distribution of shares in a new entity if such is created.

    Well done to the team- good to know more about what we have and I agree with @Jacko22 in that it gives a broader scope regarding any negotiation with potential JV partners.

    History tells us that whichever way it goes that our BOD will work toward that which is of the greatest benefit to existing shareholders.

    Good to see some selling of shares today too- the buyers of which some of course will hold to above the recent level of around 60 cents. The looming nickel and cobalt resource work should reward any buys soon enough.
 
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