logo-loader
viewArdea Resources Ltd

Ardea Resources outlines new value creation strategy focused on Goongarrie Nickel-Cobalt Project

Ardea Resources Ltd (ASX:ARL) chief executive officer Andrew Penkethman speaks to Procative Investors about the base metals developer's new strategic focus arising from its annual general meeting in November last year.
 
The three-pronged value creation strategy focuses on Ardea's flagship Goongarrie Nickel-Cobalt Project (part of the largest nickel-cobalt resource in the developed world) and exploration programs in NSW and WA.
 
Penkethman notes the company is following on from pre-feasibility work programs with definitive feasibility work at Goongarrie.
 
"We'll be continuing to add value to Goongarrie but part of that process is tied to a strategic partner process we're also running," says Penkethman. 

Quick facts: Ardea Resources Ltd

Price: 0.3 AUD

ASX:ARL
Market: ASX
Market Cap: $35.19 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Archer Materials looking to raise 3 million offering a Share Purchase Plan

Archer Materials ( ASX: AXE) CEO Dr Mohammad Choucair joined Proactive’s Steve Darling with news the company is looking to raise capital in a Share Purchase Plan which began June 1st. That plan will allow eligible shareholders the opportunity to purchase new Archer shares at a price of $0.60 per...

11 hours, 43 minutes ago

2 min read