ARL 2.22% 44.0¢ ardea resources limited

ARL chart, page-1575

  1. 1,272 Posts.
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    I am not down ramping.... why are some of the holders so touchy feely. I hold and think 70m cap is cheap for the resource potential. Just stating the fact about the technical gap that likely to be closed on retrace. Is the resource better than AUZ? Perhaps... I am sure there are proponents and opponents with strong opinions.
    I hold both again. Still ARL has the cheapest MC at the moment with a GOLD divestment coming. Maybe it will have a 10m MC. So there is still room to grow and $150m MC wouldnt feel too onerous.
    none of it matters until finance and bankable offtake agreements are signed. That may or may not happen during the next 12 months. Isnt that the reason why we hold for longer term?

 
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