ARL 6.11% 69.5¢ ardea resources limited

Here is a thought for the current posters.Go back to February...

  1. 3,311 Posts.
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    Here is a thought for the current posters.

    Go back to February 2017, consider what was the portfolio of Ardea Resources at that point in the IPO.
    Now step into a fully committed investment in 2017 based on what you know about the resources, Feb 2017.
    Watch Ardea Resources go through the motions towards development and stay engaged, increasing your holdings along the way.
    Consider the multiple resources, the multiple states they were located, the spinoffs and the purposeful divestment strategy adopted by the company, this is needed to simplify the offering and understanding because it was very complex with many moving parts and few really understood.
    Consider the complexities of Ardea and try to understand the information, the resources and management at that point in time.

    Try to explain your understandings and investment thesis coherently, all the time trying to stay factual, deliberate and on the watch for mis-steps along the way.
    Consider the uncertainty and amount of research needed between two peers, the stark differences and consider the rivalry that emanated from fierce debate. The lies and retaliation perpetrated by some. (Shameful)
    Consider the 7 years it has taken to get here and stay motivated, stay informed and engaged throughout.

    Take the skin off an onion, peel back a layer, and another and another, and another, understand that you are not even close to the core of Ardea's potential yet.

    There has been a core contingent in from the beginning, Sally Will gets an honorary mention. RIP my friend.

    Now consider that Ardea Resources is embarking on a newly expanded journey, the next leg in a long path to fully recognising the vision of Ian Buchhorn and his unruly band of believers and followers.
    The old guard is stepping back a little, happy for the motivated and enthusiastic debates taking place, slicing and dicing, speculating and second guessing the future.

    We are in good hands with Andrew Penkethman, I cannot think of anyone better suited to what we are, and who we will become.
    RED
 
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69.5¢
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65.0¢ 69.5¢ 56.0¢ $363.8K 598.9K

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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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