ARL 5.21% 50.5¢ ardea resources limited

ARL chart, page-3468

  1. 2,060 Posts.
    lightbulb Created with Sketch. 312
    My dear friend. Your posting fails to deal with the issues we have at hand at ARL?

    Why are you more interested in the peer which you are not invested in than ARL which you supposedly are invested in?

    Facts for ARL:

    Cash are running out fast

    Minerals are as a whole located deep underground and scattered over vast areas. Which everything else being equal means operating costs will be larger

    CAPEX is $3 billion or thereabout if I remember correctly.

    Nobody has thus far wanted to put money into it.

    Enjoy your day.

    All in my opinion and not investment advice.

    Do your own research.
    Last edited by Successwillcome: 19/08/23
 
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