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1.23%

40.0¢ ardea resources limited

hi Lion, do u think we might be suffering from a small...

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razor jack

175 Posts.

36

01/10/24

16:16

Post #: 75928653
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Originally posted by xxLiONxx: ↑

Mate - I can feel most SHs are tired and have run out of steam to power this boat forwards. That's the most difficult period of Lassonde Curve we are going through. I myself stayed away for a few months to avoid temptation to buy in too soon.

I will be disciplined and not buy the remaining 25% if the shares pop (which they may in response to the Chinese stimulus and higher nickel prices). What we need very badly right now is some sort of catalyst e.g. a letter of support from export credit agency etc to re-invigorate investor interest in ARL.

Its a big project involving technically complex HPAL operations so the DFS will take a very long time (as it should) - No hurry to buy shares I guess. We have plenty time. I had some quick gains from selling some very profitable positions recently (due to a unexpected Chinese stimulus many of my shares have gone by 30-50% in 2 weeks - So I just took some chips off to invest in the beloved ARL)

This is a bottom drawer investment that will pay handsome rewards next year.

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hi Lion, do u think we might be suffering from a small shareholding low selling by tight fisted holders, and waiting for production and income stream. Cheers razor

ARL Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 40.0¢		Change -0.005(1.23%)		Mkt cap ! $79.87M

Open	High	Low	Value	Volume
40.0¢	40.0¢	39.5¢	$63.64K	159.1K

Buyers (Bids)

No.	Vol.	Price($)
5	21982	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	4175	1

View Market Depth

No.	Vol.	Price($)
5	21982	0.395
2	27700	0.390
2	20499	0.385
2	10150	0.380
2	30000	0.375

Price($)	Vol.	No.
0.410	4175	1
0.420	14800	2
0.425	3760	1
0.430	3255	1
0.435	2289	1

Last trade - 15.53pm 01/10/2024 (20 minute delay)

ARL (ASX) Chart

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