ARL 1.04% 47.5¢ ardea resources limited

Ann: Letter to Shareholders - KalGold Priority Entitlement, page-3

  1. 4,818 Posts.
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    One of, at times actually voted the best, mining regions on the planet. Highly prospective drill hits. Symbiosis with the parent*. Huge amount of ground to allow for future exploration. Truly world class skill pool in the state and nation. Road/rail etc close at hand with some rail actually running through some of the parent, ARL’s ground! Great hedge against inflation/global instability/industrial metals pricing fluctuations/currency devaluation.**

    I’ve gone from seeing the shares I’ll be allocated as a quick way to pull out some cash from ARL to viewing KAL as a very reasonable investment on its own.

    *As in the company which will create KAL.

    **Oops, I thought FIAT currency was bad enough but look out crypto legends- China just pulled the rug out from under your ‘new currency’ again! It’d be a shame if your local tax authority deemed it worthless or tainted by illegal activity and all those 0000000’s got wiped/bound up in legal proceedings as easily as they were created!
 
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Last
47.5¢
Change
-0.005(1.04%)
Mkt cap ! $95.84M
Open High Low Value Volume
48.5¢ 48.5¢ 47.5¢ $13.17K 27.38K

Buyers (Bids)

No. Vol. Price($)
2 3097 47.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 12002 4
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Last trade - 11.54am 04/07/2024 (20 minute delay) ?
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