ARL 3.30% 47.0¢ ardea resources limited

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  1. 1,149 Posts.
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    I was long ARL for the past year, but I sold out a few weeks ago because I saw the short-term didn't look good.

    I think the PFS was a misstep by management. Initially I thought it was about what I expected, but after closer reading realised it was effectively half done and that cost us in the short term. It was also a disappointment because releasing something that's effectively half-finished to meet a milestone isn't really what I expect from a quality company.

    I'll be waiting on the sidelines.

    /wear flame-proof suit
 
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