Forthcoming divestment of N.S.W. assets into the new IPO, page-9

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25/06/19

13:15

Post #: 39225613
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Originally posted by ClockworkSmurf ↑

All good fun- Ardea’s home team will now be able to focus even more on the WA assets & for any who have thought ‘awww but gold is a good hedge for the company portfolio’? Don’t worry- there’s gold in our WA assets.

Also good to see at least one thing behave normally- the news is being sold.

The Ann. regarding the IPO is just more confirmation of the board’s ability to handle company cash well while also rewarding holders. At least one of our ‘peers’ ( & there’s only 2, both of which have far less minerals ), has shown an inability to do either of those things.

The only real thing I can see that holds us from a market cap a few times higher than today is a partner of some sort. One will come & as well noted in one of the Ann. threads Ardea will actually be more easily understood by some potential partners now- remembering of course that such a partner may not be from a 100% mining background. A partner from the battery sector is an example of the type that needs a bit of time to fully get their heads around everything.

Our heads down, tails up as opposed to a stream of announcements way of doing things has kept us below a lot of people’s radar but will be rewarded eventually.

**a good thread started by Sal so cheers for that- two paws up.

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Huge sq kms of properties...With lots of different minerals in the ground...Some of them not yet even at soil sampling stage but having high possibilities...

Ardea has 10 times the nickel as one of the 2 peers (which I own also) and about 7 or 8 times the other (which I used to own)...I like the thought of EV nickel so am also liking the nickel sulphide deposits Ardea has that haven't broken ground yet...

I agree, under the radar atm...

ARL Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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