yes am confindent ARD will have a good run next year many ARDO...

yes am confindent ARD will have a good run next year
many ARDO will be converted if at a 16c ex price esp. if the head shares head higher likely with kempfield interests rising 50%-70% to be announced soon,Cash backing must be well over 3mill so no reason why ARD can't get the DFS cost 1.1mill done far earlier with silver at $29.40oz AUD Kerry stated back on BRR that costs wise ARD would be able to produce Silver at round $10 per oz which doesn't include any credits from the Lead,zinc,gold!! revenue which IMHO would at the very least make the silver production costs near nil

Now going off the recent resource upgrades with the higher Silver price include $26oz ARD with a 1mtpa plant would produce round 1.3mill oz of silver for free

=37.7millAUD per ann EBIT @ at $29oz silver

Now also going of the upgrades ARD would produce 2,000oz Gold per ann(2mill+)+thousands tons of lead,zinc(00's mill)
(
One must also in sunny corner with is just down the road with more of the same resources to truck to the plant if needed


I for one will need to come up with 121k to ex my opts if the do indeed reprice at 16c ex which I would be more than happy to be the USN shares are given out