Australia's largest stock trading and investment forum Australia's #1 stock forum

ARL

Click for more information

1.19%

41.5¢ ardea resources limited

I'm expecting an announcement may drop between today and...

First 1231 Last

Share
Profile

Follow
shades2

2,768 Posts.

10

29/05/17

12:14

Post #: 24966615
Share

Originally posted by Shokan ↑

In my opinion only, you wrote ........... (Heron to me qualifies as a corporate as I am sure they wield enormous power in ARL)

I believe your assessment incorrect. Mr. Buchhorn (NOT HERON) will wield enormous power in ARL.

Many long term Heron holders believe that Mr. Buchhorn fought to get the ARL assets released out of Heron. In my opinion Mr. Buchhorn who discovered nearly all the nickel cobalt within for example KNP probably considered these assets virtually lost as Heron had made it clear they were only interested in its Woodlawn Zinc Project which by the way continues to flounder.

As far as I am aware, Mr. Buchhorn has a very active interest in ARL (not only in his shareholding) and make no mistake, he and Dr Painter are already a formidable pair of geologists.

Heron sat on the KNP for several years post the Heron / TriAusmin merger and were not in the slightest bit interested in deriving one iota of interest in this KNP sleeping giant.

Expand

I'm expecting an announcement may drop between today and Wednesday. Heron's actions were strange to say the least, considering their scale.

ARL Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Essential Energy conference: Streamlining approvals key to the green energy transition

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

There are more pages in this discussion • 1,349 more messages in this thread...

First 1231 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 41.5¢		Change -0.005(1.19%)		Mkt cap ! $82.86M

Open	High	Low	Value	Volume
42.0¢	42.5¢	41.5¢	$1.598K	3.826K

Buyers (Bids)

No.	Vol.	Price($)
1	6299	41.5¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	3813	1

View Market Depth

No.	Vol.	Price($)
1	6299	0.415
1	10000	0.410
1	25000	0.405
8	102843	0.400
2	5275	0.385

Price($)	Vol.	No.
0.425	3813	1
0.430	3255	1
0.435	2289	1
0.440	27999	2
0.450	1150	1

Last trade - 16.10pm 18/09/2024 (20 minute delay)

ARL (ASX) Chart