ARL 2.56% 40.0¢ ardea resources limited

I’m with you on the banter, up to a point of course, because one...

  1. 4,825 Posts.
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    I’m with you on the banter, up to a point of course, because one factor we can’t quantify but is certainly of great importance & that is what the silent majority see/hear.

    They are called the silent majority because they are both silent and the majority, it’s no misnomer at all.

    Being silent the only logical supposition we can make is that what is actually thrown back and forth in public is of vital importance to us as long term holders and of course the company itself.

    The one comedic portion for me?
    If someone thinks that all three stocks that are us here and the two that are our reasonably comparable stocks are overpriced I of course do a double take... whuuuut?

    The most important thing for me is this- I believe in our range of deposits being a great hedge over the next decade, I believe the management does the right thing by the shareholder and I believe that commodity prices, while volatile over a decade, generally track fairly well due to the fact that they are needed in the real world.

    Lastly, ( never mind me being repetitive over time as I know that there are always new potential investors trading these posts ), is the fact of the sheer scale of those deposits.

    Put the nickel and cobalt together and we’re talking around U.S $100 billion, then we have all the other goodies too. Those tens of billions won’t come out of the ground in the next five or even ten years- once up and running we will just switch circuits on as we need them to take advantage of commodity price fluctuations.

    First cab off the rank will be some scandium- over U.S$1 billion of which sits above some of our nickel and cobalt- that’s more than enough to justify the scandium extraction but more importantly to then fuel further equipment purchases with the money’s brought in by that scandium.

    Red day? You beauty- my trading parcels can keep working while my main holding sits there doubling itself and slowly but surely more than doubling itself. I treat these days like a day in the sun, put some sun cream, a hat and sunnies on and just enjoy it.. without getting burnt.
 
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Last
40.0¢
Change
0.010(2.56%)
Mkt cap ! $79.87M
Open High Low Value Volume
39.0¢ 40.0¢ 38.5¢ $17.98K 46.08K

Buyers (Bids)

No. Vol. Price($)
1 76960 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 72533 3
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Last trade - 14.08pm 08/11/2024 (20 minute delay) ?
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