ARL 3.23% 48.0¢ ardea resources limited

Pertinent market/industry news/articles, page-4536

  1. 2,060 Posts.
    lightbulb Created with Sketch. 312
    Following on from that, this may then make this week a good selling opportunity?

    Remember the hot-air balloon?

    My guess is that ARL soon will (again) follow in the steps of the peer:
    https://hotcopper.com.au/threads/ann-ceo-letter-to-shareholders.7037293/
    Following a review of recent technical and financial studies, xxxxx has made
    the strategic decision to revert to develop the Sconi Project to produce battery grade
    nickel sulphate, cobalt sulphate and scandium oxide from a MHP project. We believe
    this will maximise value of the project, return for shareholders and provide a clear line-
    of-sight to construction.

    It is never to late to learn from the leader?

    Two problems though you need to overcome:
    - off-taker
    - get the costings sorted.

    All in my opinion and not investment advice.

    Do your own research.
 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.