I am thinking Klaus will enter ARD later this year as part of a CR.
This announcement mentions a 4100 meter drilling program to be completed this year at Kempfield. So whilst we have sufficient funds for now, ARD will have to raise money to complete this task.
The timing of the next CR is going to be interesting if Silver continues upwards.
As some very smart people on this thread have mentioned, ARD will skyrocket when Silver goes over $21-25 usd oz.
I believe Klaus as would other sophisticated investors, want in before ARD's price rises to much, just my opinion, but it is not rocket science?
Klaus has many many millions to invest, I believe the real question is how BIG a position he takes in ARD.
Our currant market cap of 11.1 million makes it cheap to take a major position?
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argent minerals limited
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I am thinking Klaus will enter ARD later this year as part of a...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.81M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $40.07K | 1.812M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1837970 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1837970 | 0.021 |
10 | 3048500 | 0.020 |
11 | 2266053 | 0.019 |
7 | 2989004 | 0.018 |
7 | 1347341 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 2051107 | 6 |
0.024 | 647125 | 4 |
0.025 | 277800 | 2 |
0.026 | 533600 | 2 |
0.027 | 1287635 | 6 |
Last trade - 14.50pm 20/06/2025 (20 minute delay) ? |
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ARD (ASX) Chart |