ARL
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2.11% 48.5¢ ardea resources limited

I don't think anyone has said that. If I did I apologise. I...

  1. Successwillcome
    2,060 Posts.
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    26/09/23
    18:49
    Post #: 70038201
    I don't think anyone has said that. If I did I apologise. I think what was said was that they used mineral prices which was much higher than the current prices.

    That is then together with having 20 million in the bank while needing more than $3 billion for Capex.

    On top of that you have operation costs if you ever get operating that is.

    This is a risky project like it or not.

    Hope you all will do well.

    All in my opinion and not investment advice.

    Do your own research.

    ARL Price at posting: 61.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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