ARL 1.15% 44.0¢ ardea resources limited

Pertinent market/industry news/articles, page-4473

  1. 1,666 Posts.
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    Andrew was confident we will lock in a strategic partner this year. Patience will be rewarded.

    Good to see some healthy discussion on this board after a long time.

    One little correction if I may. BHP has recently deviated from its history. It made
    a bid for OZL mainly for the West Musgrave project which is the same project it sold(rather gave away) to cassini.

    Having said that, Andrew was clear most of the interest in project is coming from outside Australia.
    I also noted he suggested on 2 occasions that company may progress DFS on its own without a partner if they don't get one in time. It's mostly a negotiation tactic (fomo) but suggests they have a back up pathway.
 
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