ARL 8.04% 51.5¢ ardea resources limited

Clock work.the cash burn will slow.I suggest to 1 m or less a...

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    Clock work.
    the cash burn will slow.
    I suggest to 1 m or less a quarter.
    depends on drilling.
    also listening to the pod cast yesterday
    stating SMM had got both the projects above
    100% name plate.
    how much saving will the be on a loan at Japan commerical lending rate of 1.6% against the NVP of 7%
    on 3.1 billion
    saves 500 million in interest payments over 3 yrs.
    75% off take under written.
    this is a great deal for all involved.
    can see a revolving line of credit
    developing this hub.
    with labour loose at present
    squash maybe on the money.
    why wait 40 years to eat through the 1.36 m?
    would 500 m savings in the right channel of money
    put another HPAL train on


 
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