ARL 8.04% 51.5¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-2580

  1. 3,322 Posts.
    lightbulb Created with Sketch. 1886
    Hi @airconditioner
    I agree with your assessment on Dr Matthew Painter, I was thinking about this recently.
    The move to gold projects and additionally having not taken up the loyalty options made me think that Matt is keeping his cash for the new entity to be spun-off.
    Matt would be spearheading that project and would want a very large stake imo.
    Something as a percentage magnitude of Ian Buckhorn in ARL, this will enable influence of the magnitude he needs to run the project with authority.
    It makes sense to me and is speculation.
    Matt is a great, logical, systematic leader to spearhead the new entity, its easily within his comfort zone.
    RED
 
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