ARL 0.00% 85.0¢ ardea resources limited

https://oilprice.com/Alternative-Energy/Renewable-Energy/Bezos-An...

  1. 4,791 Posts.
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    https://oilprice.com/Alternative-Energy/Renewable-Energy/Bezos-And-Gates-Backed-Fund-To-Invest-In-Clean-Energy-Startups.html

    Two men ( as well as many others ), with personal wealth equivalent to that of entire nations will drag us to an electric future whether we like it or not.

    https://oilprice.com/Alternative-Energy/

    When the staunchest centre of Western oil waves the white flag you know it’s time to start moving out of oil.

    I wonder how many of us noted that our PFS applied a $0 premium to the nickel pricing? We plan on producing sulfates which attract a premium of around $2.

    At approximately US$18 a tonne with a $2 premium we see that we don’t even need to sell any cobalt etc at all to make money. If we do add cobalt credits ( even reduced $ credits which takes in to account the difference between the PFS pricing and the current market ), gold credits and any others then we see that we are already a worthwhile proposition.

    Our small share register keeps many retail investors away but our resource, the projected cost of extraction and management should eventually see us through.

    I’m very glad I doubled my holdings during April.
    Once we flush out the profit takers who also bought in at under 30 cents I believe we will see a steady appreciation of the SP.

    The incoming US administration will at least provide some positive noise about renewables so that won’t hurt...

    Remembering that business likes peace let’s just hope the price that their ‘peaceful’ pets demand for their efforts over the past few years isn’t too high.

    Oh- once we all come out of our Covid coma things will fly for at least a while too!
 
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