ARL 1.08% 46.0¢ ardea resources limited

SP is almost surely tracking up with the price of nickel, which...

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    SP is almost surely tracking up with the price of nickel, which broke thru a 4 year high today, and nothing to do with some kind of leak of impending news. Unfortunately, with cobalt still way down from the PFS numbers, plugging in present prices still isn't going to look particular good. But an ascending nickel price will certainly help. For this project, every $1 rise in nickel is equivalent to approximately an $8 rise in cobalt. Still a long way to go. We are so undervalued, that a change in sentiment in the nickel/cobalt space could easily double the stock price just from that.
 
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