ARL 1.25% 39.5¢ ardea resources limited

ARL chart, page-1069

  1. 4,825 Posts.
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    *edit to reply to later post*
    Mate we are running PAL, not HPAL. Also we won’t be needing a tailings dam so there is more savings & less investor angst ( recent tailings dam stories from VALE etc ).
    *end edit*

    Gold is the flavour of the month & nickel was forecast by the majority of analysts to be the metal of the year for 2019.

    Gee- wouldn’t it be nice for a company to have a gold deposit to sell off in 2019 to reward their holders & also support advancement of the core business activity.... getting nickel out of the ground.

    Oh. We have a gold deposit we’re going to offer to the market. Oh. We are planning to reward current holders & also use some of the money to keep pushing one of our massive nickel deposits.

    Basically we may soon have even more money up our sleeve while others will be doing CR’s or going for harsh loans. By comparison ( which is all that ever really matters ), we are in quite a good position.

    Thanks for the reminder. I don’t argue with the pain regarding the battery sector though.. we either need a couple juniors knocked out of the game ( 1 higher projected extraction cost project just got the cold shoulder from their ‘partner’ so that’s a start ), or we need a couple to have their projected supply locked up which will put the big buyers in to a game of musical chairs. ( the same 1 still has those projected supply locked up so we get 2 for the price of 1 with them ).

    Remember- no one wants to be the last to find a chairmwhen the music stops.

    Fully agree with your testing period observation.

    Q1/Q2 2019 is the Darwin test. The lower projected cost, larger deposit, smaller market cap will win.

    Tick. Tick. Tick for us and tick tock, tick tock for the buyers.

    Cheers to chart people as it’s 1/2 the equation at times.
    Last edited by ClockworkSmurf: 22/02/19
 
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39.5¢
Change
-0.005(1.25%)
Mkt cap ! $78.87M
Open High Low Value Volume
40.0¢ 40.0¢ 39.5¢ $43.70K 110.3K

Buyers (Bids)

No. Vol. Price($)
4 29740 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 3500 1
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ARL (ASX) Chart
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