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51.5¢ ardea resources limited

Ann: Successful A$16M Capital Raising, page-40

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Successwillcome

2,060 Posts.

312

12/09/23

04:59

Post #: 69818876
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Originally posted by Jogoo: ↑

Strange - my reading of the MOU states clearly that there is a period of exclusivity with SuMiMi that ends at the end of Q4. Furthermore, the MOU permits Ardea to continue negotiations with other parties (that have commenced DD) during the period of exclusivity.
The resource is not locked down by the MOU …. Not simples.

LME 2027 (start up for the purpose of economics in PFS is 2028) Ni futures is US$25,000. Why do you see this as inflated??

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A bit unclear I must admit. Bit nevertheless they have locked down the supply until Q4 or thereabouts for free.

I'm a bit worried about the DD getting closer to the due date. Any updates?

Are you able to show me the nickel and cobalt prices ARL are using please?

I want you to do well.

All in my opinion and not investment advice.

Di your own research

Last edited by Successwillcome: 12/09/23

ARL Price at posting: 67.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 51.5¢		Change -0.015(2.83%)		Mkt cap ! $105.7M

Open	High	Low	Value	Volume
51.5¢	51.5¢	51.5¢	$4	8

Buyers (Bids)

No.	Vol.	Price($)
1	3324	51.5¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	2266	3

View Market Depth

No.	Vol.	Price($)
1	3324	0.515
1	7090	0.510
3	26995	0.505
4	53579	0.500
1	210	0.490

Price($)	Vol.	No.
0.520	2266	3
0.525	14170	2
0.530	15700	1
0.535	15500	1
0.540	19000	2

Last trade - 11.42am 18/06/2024 (20 minute delay)

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