ARL 6.11% 69.5¢ ardea resources limited

Mick,market cap is 167 msay we release 2 millions tons4 m fenced...

  1. 364 Posts.
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    Mick,
    market cap is 167 m
    say we release 2 millions tons
    4 m fenced off in say a 50/50 agreement
    we still have 4.1 million tons
    places a value of $40 per ton
    in May 2022 market cap went to 380 m
    placed value at $62 per ton.

    what do we get for releasing say those
    2 million tons.
    the DFS complete.( which will be better the IRR of return of 23%, I am personally thinking 26-27%)
    I believe if they are interested at 23 they will make FID at 26%
    I must suggest stars coming together for that 20 million grant. The Australian government would want to be seen in good light by America and Japan governments.
    we will get corporate clout really world class companies
    2 of them.
    Strong balance sheets both in the Mutli billions.
    maybe funds at great rates to the new group.
    deep knowledge on how to build the plant
    the government come to the party and INVEST not give ARl the grant,, this will be our part we place into the new group for the partial funding ?
    the grant opens up no capital raise or share issued
    many groups need this deal to happen
    government ,
    Arl always has the prize the nickel
    and yet to do an off take.
    they have played there cards well.



 
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