ARL 1.02% 48.5¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-26

  1. vmp
    13,169 Posts.
    lightbulb Created with Sketch. 8917
    Less than $50m mcap vs peers with X10 mcap. (CLQ $405m)
    Gap(s) may eventually close but plenty FOMO will be in play probably until this baby reaches the mcap of peers, or after a stock split (not a real closing of gap)
    We could be $3-$5 before this abates considering a very tight register.
    Best to hold a parcel and play the gaps and dips with another one or two imo.
    This company is sitting on filthy huge cobalt deposit.
    And not too many promising cobalt player. ARL seems to be a very rare opportunity esp for those who missed the lithium re-rates last year.
    Best to all holders
    Last edited by vmp: 26/02/17
 
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