ARL 3.30% 47.0¢ ardea resources limited

Cobalt prices seen rising sharply as deficit balloons, page-77

  1. 2 Posts.
    Thank you all for reassuring me regarding a takeover. Kablooey's comment regarding a merger/joint venture seems more likely to me. It could cost up to 2 billion dollars to build and commission a plant for extracting the cobalt and nickel. The scandium extraction seems to be on hold at the moment. Ardea does not have that sort of money. I still have to buy my loyalty options but that will not be enough.
 
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