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48.5¢ ardea resources limited

You must be new to this game?A mou costs nothing. It locks down...

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Successwillcome

2,060 Posts.

312

11/09/23

19:42

Post #: 69816680
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Originally posted by Giovanni33: ↑

Again, disingenuous take. We are talking about multi-billion dollar entities and governments. They have zero problem arranging finance...if they want to. To suggest the consortium would have difficulty arranging capex is laughable. The argument could be made ARL would have difficulty, sure. But it's not ARL who would be arranging finance alone, if a decision to proceed is made.

So the question is not if ARL can arrange finance, it's do our partners want to proceed and they will obviously assist with finance. They are not going to sign something binding then put zero effort into helping, wasting their time, money previously spent and reputation. Laughable take.

If you want to down-ramp you would have more success trying to discuss if a deal will go ahead, not this current argument which falls apart after 2 seconds of research.

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You must be new to this game?

A mou costs nothing. It locks down minerals for future use. No money change hands so no risk.

Simples.

I wonder if they found out about the street talk about ARL inflating mineral prices by around 30% (from memory)?

Happy to be corrected.

All in my opinion and not investment advice.

Do your own research.

Last edited by Successwillcome: 11/09/23

ARL Price at posting: 67.0¢ Sentiment: None Disclosure: Not Held
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Last 48.5¢		Change 0.010(2.11%)		Mkt cap ! $96.84M

Open	High	Low	Value	Volume
48.0¢	48.5¢	48.0¢	$2.162K	4.504K

Buyers (Bids)

No.	Vol.	Price($)
2	4194	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	43505	4

View Market Depth

No.	Vol.	Price($)
2	4194	0.485
1	5500	0.480
1	6667	0.475
1	2933	0.470
2	20000	0.465

Price($)	Vol.	No.
0.510	43505	4
0.515	5127	2
0.520	17007	3
0.535	1744	1
0.540	60571	2

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