ARL 5.21% 50.5¢ ardea resources limited

Yes a lot will unfold over the next couple of weeks if ARL...

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    Yes a lot will unfold over the next couple of weeks if ARL honours the timeline given we should have a clearer picture by end of quarter.
    Personally I think gear are on the same page as the Japanese consortium, it would be a bold move to try and get in the way of 3 huge players in the market.

    I expect we might through their parent company see some finance come from them, their entry may just be purchasing a seat at the table. Finance will be complex and come from strategic off take, government and finance companies.GEAR will benefit obviously from the interest but in assisting the finance will see significant gains from their investment.

    Whilst SP will fluctuate due to commodity price and ability to secure finance once that is achieved the current market value of ARL will seem crazy.

 
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