Ardea Resources (ARRRF)

[tootalljones]

Bloomberg: "gas stations get ready for the electric future." https://www.bloomberg.com/news/articles/2017-11-06/tomorrow-s-gas-station-will-charge-car-feed-you-in-10-minutes

My son who is smart said that women hate smelly toxic pump gas. Electric is so clean. The electric gas stations will eventually be female works of art, to attract, you guessed it, female customers. Starbucks anyone?

[Runners123]

http://www.asx.com.au/asx/share-price-research/company/arl

[Runners123]

Up .03 on ASX 1.1 mil shares to $1.58

[tootalljones]

poster from Australia: lol..
"We also have tens of billions of nickel too- just a small thing but hey every $10,000,000,000 counts is what my grandpa taught me.
6Bookmark and ShareReport PostQuick replyReply with quote
ARL (ASX)
Price at posting: $1.55
Sentiment: Buy

[tootalljones]

Nickle is exploding and Ardea's nickle byproduct is huge, almost not even a byproduct. The comment below is wonderful but conservative, as the rising price of cobalt will dramatically enlarge our eventual marketable resource.

Still, nickle too has recently commenced its own bull market. I believe the nickle AS IT RISES ALSO, WILL PERMIT A HUGE ENLARGEMENT OF MINEABLE RESOURCE, JUST AS THE RISING PRICE OF COBALT WILL. We will be able to "recapture" what in fact we own, the world's largest cobalt resource.

from our investor partners down under (CLQ is the aussie's exchanges symbol for Cleanteq):

"...With the Nickel price coming back in vogue (www.bloomberg.com/news/articles/2017-10-31/nickel-is-next-for-electric-car-boom-as-trafigura-turns-bullish) it is a timely reminder to remember ARL's holds more than 8x CLQ Nickel resource! ARL has a similar sized Nickel resource to CLQ alone in the KNP Cobalt Zone c. 500,000t contained nickel and with 81,000t of contained cobalt we're looking at a life of mine of over 30years!

Mining operations of up to 2 Mtpa are being modelled, which would produce up to 2,500 tpa cobalt-in-sulphate and 15,000 tpa nickel-in-sulphate (www.ardearesources.com.au/downloads/reports/arl_qa201709.pdf)?

..."

[tootalljones]

o yea lithium is great but cobalt higher quality battery. So you are right, that is another market for cobalt batteries to pirate, and it is GINORMOUS!......room for both to be sure...

[Runners123]

https://finance.yahoo.com/news/lithium-ion-battery-market-worth-093000762.html

[Runners123]

Ford Fusion and many newer comer hybrids use lithium also. Just adds more demand on us.

[Runners123]

Don't forget that some hybrids are gonna be using Lithium batteries
http://www.hybridcars.com/lithium-ion-batteries/

[tootalljones]

yep, and actually 64% of cobalt comes from Congo, meaning we deserve a tremendous premium, truth be told. If the president of the congo says something stupid about the mining industry (which will only be temporary), our stock will explode higher, but we do not need to count on that. The critical global shortage as the EV revolution comes on line, needs no help. I firmly believe that had we IPO'd two months ago in America on Wall street, this stock would be multiples above its current price.

People are in early discovery stage of 1. the coming cobalt crisis; 2 of the global majors who have some of it, and where they produce from, and 3. This tiny NO publicity company with this massive deposit down under, which they fortuitously happen to have, essentially stealing it out from under the nose of a major at the bottom of the cobalt bear market!......, and then they will look for other juniors and really, find just one other, cleanteq, and see we are their equal (or more) as the metal goes ape.

I think the other juniors are way below us and cteq. And we are the ones with the far larger deposit, which will steadily increase in mineable size and economics as the price vaults higher.

Our CEO said the company got 50 million dollars worth of work from the Major which formerly owned it, and actually, we got soooooo much more than that: WE GOT THE DEPOSIT from that work. In a cobalt bull this means we got not just their precision top end work, we got the successful lucky work product as well. NOT BAD.

[Runners123]

Mind-boggling and yeas we are seeing in the last week of trading sessions that people are pouring in.

[tootalljones]

This means western automakers will scour the globe for all the remaining deposits, and pay through the nose for the stable jurisdiction ones. Ardea has a massive deposit in the world's most stable jurisdiction, Australia. We are in the first inning. AS PRICES RISE SO MUCH MORE OF OUR MASSIVE DEPOSIT WILL BECOME WILDLY ECONOMIC. The mine will be much larger than originally thought, imho.

[tootalljones]

There will be a "feeding frenzy" for cobalt producers. Cobalt production must increase "by 1928%" to support EV revolution. China now has locked up 60% of global production. Cobalt prices must go through the roof. There are almost no major deposits, and with the Congo/China tandem have a huge grip on this desperate market, the price will go through the roof. TRIPLE DIGITS.

It is all here, in this article and the many comments.

https://seekingalpha.com/article/4110450-cobalt-cliff-will-crush-teslas-business-may-restore-sanity-ev-industry

Brilliant John Patterson's recent conclusion is this:

"With an average cobalt content of 8 kg per car, the 41,200 tonnes available for EV batteries in 2025 will only support the manufacture of 5.15 million EVs, a little over half of the aspirational totals set forth above.
.....At this point I have to believe the EV revolution has entered a melee phase where there won’t be enough cobalt to satisfy everybody’s needs and anyone who wants to play the game will have to stand toe-to-toe and compete for cobalt supplies with China Inc. and six of the world’s ten largest automakers."

Some of the raw data Patterson shares in his seminal article dated september 29,2017:


In the last 18 months, several events, developments and reports have corroborated, ratified and reinforced my original thesis, including:

Market Price

Cobalt prices have soared from $10.50 per pound in March 2016 to a recent high of $28.35 per pound.

Major Mine Purchase

In May 2016 China Molybdenum bought a 56% stake in the DRC’s Tenke Fungurume Mine from Freeport McMoRan for $2.65 billion and gained control over 10% of global cobalt production in a single transaction.

In July 2017, China Moly facilitated BHR Partners’ purchase of a 24% stake in the Tenke Mine from Lundin Mining for $1.14 billion.

China Dominates Cobalt Refining

Between the Tenke purchase and contracts to finance the Eurasian Resource Group’s Roan Tailings Project, Chinese interests will control at least 60% of the world’s refined cobalt production for the foreseeable future.

Updated Chinese Subsidy Regime

In January 2017, China updated its subsidy regime for new energy vehicles to favor higher energy densities and longer travel ranges while permitting the use of nickel-cobalt battery chemistries. As a result, a significant portion of the China market that was previously dominated by cobalt-free batteries is likely to change chemistries.

Bernstein’s 2017 Black Book

In March 2017 Bernstein released the latest version of its EV Black Book which devotes 60 of its 271 pages to cathode powder formulations, raw material requirements and the principal players in those markets.

In their slow adoption scenario, Bernstein expects the battery market for passenger EVs to exceed 360 GWh per year by 2025, which implies an annual cobalt demand of roughly 55,000 tonnes.

Interestingly, Bernstein also forecast a mining industry capital spending requirement of $350 to $750 billion to support a full transition to EVs and noted “the lead time required for conversion of exploration success into an operating mine has lengthened considerably and now stands at ~30 years.”

Ultimately, Bernstein’s battery materials discussion concludes, “Either the world must do without EVs or it must pay more for the commodities it consumes, the choice really is as simple as that.”

UBS Bolt Teardown

In May 2017, UBS published the results of their teardown analysis of a GM Bolt EV and estimated that global cobalt production would need to increase by 1928% to support an annual EV build of 100 million units. My estimate of a mere 900% global cobalt production growth requirement pales in comparison.

Morgan Stanley Cobalt Report

In June 2017, Morgan Stanley issued a 25-page commodity report on cobalt that surveyed planned capacity additions and forecast primary refined cobalt supply growth from 94.4 tonnes in 2016 to 148,300 tonnes in 2025.

On the demand side, Morgan Stanley forecast that in 2025, 59,600 tonnes of cobalt would be used for non-battery applications, and 47,500 tonnes would be used for consumer products batteries, which would leave 41,200 tonnes for use in EV batteries.

VW's Glencore contract

In July 2017, we learned that Contemporary Amperex Technology and its customer Volkswagen signed a four year 5,000 TPY cobalt offtake agreement with Glencore last fall.

VW's Contract Solicitation

In September 2017, we learned that VW is soliciting 10-year requirements-based cobalt offtake commitments for 16,000 to 24,000 TPY and wants contracts in place this year.

Until recently, I wasn’t completely convinced that leading automakers were truly committed to their EV initiatives. While the Chinese are deadly serious about promoting new energy vehicles as a mean of reducing pollution in their mega-cities, Nissan (OTCPK:NSANY), Tesla, GM (NYSE:GM) and BMW were the only western automakers with credible EV programs. That dynamic changed after dieselgate when VW came to the EV party with a vengeance, partly as penance for past sins and partly in response to Germany’s increasing political support for electric drive.

In its “Global EV Outlook 2017” the International Energy Agency summarized the electric car ambitions of the world’s automakers as follows:

BMW

100,000 electric car sales in 2017; and
15-25% of the BMW group’s sales by 2025.

Chevrolet

30,000 annual electric car sales by 2017

Chinese OEMs

4.52 million annual electric car sales by 2020

Daimler

100,000 annual electric car sales by 2020

Ford

13 new EV models by 2020

Honda

Two-thirds of the 2030 sales to be electrified vehicles
(including hybrids, PHEVs, BEVs and FCEVs)

Renault-Nissan

1.5 million cumulative sales of electric cars by 2020

Tesla

500,000 annual electric car sales by 2018; and
1 million annual electric car sales by 2020

Volkswagen

2-3 million annual electric car sales by 2025

Volvo

1 million cumulative electric car sales by 2025

With an average cobalt content of 8 kg per car, the 41,200 tonnes available for EV batteries in 2025 will only support the manufacture of 5.15 million EVs, a little over half of the aspirational totals set forth above.

[tootalljones]

Remember too this was an obviously smallish IPO, Australia, Feb 7, 2017, which accounts for it being unknown. The decision was probably made a year ago, when few people but the truly smart were seeing the "CCC" Coming Cobalt Crisis. Back then, a year ago, information was just coming out about the EV explosion, which was blowing past estimated timelines from the automakers.

KAT was 2 only bucks a share, and now it is 12. NOBODY knew anything about Cobalt, the EV revolution going bonkers, or this small australian IPO with this massive cobalt resource, which had been drilled with exquisite care by a major, during the belly of the bear, and then left for dead. If this came pubic today on Wall street it would be many times higher, probably higher market cap than Cteqf the way wall street pushes stuff...All you would be hearing about from the underwriters is the cobalt revolution!!!..In any event, the pricing discrepancy is profound and won't last. It must go much much higher. Just watch.
One of my many takeaways is that things are just starting to trickle down, as the revolution takes hold (and it is far ahead of schedule already, way ahead). The very few majors and KAt are almost the only game in town, and now, finally, people are looking for monster cobalt juniors which are few and far between. Ardea and Cleantecq are basically the only two quality ones with large, far advanced deposits on the face of the planet. Their share prices must explode and will.
Australian Symbol ASX.
https://www.ardearesources.com.au/about

[Runners123]

Nice

[tootalljones]

[Runners123]

I knew I had found something, just haven't put it all together until now. This is like buying a lottery ticket, but knowing that its a winner the moment its bought. That's a pretty damned good feeling.

[tootalljones]

wow...you are just connecting the dots. I was there making oodles and oodles of cash, in the internet revolution in the late 1990s, and that mania was one of the greatest in history (they actually have studies on these manias.)....and it has proven so very true.

We will see something along these lines with the EV revolution. And Cobalt will go simply nutty to the upside. Cobalt is used in steel, and america is charging ahead, every single day, providing jobs now for regular people, getting them jobs and off drugs and depression, and HE will put pressure on the socialists in Europe and elsewhere to care about young people and build build build....and the movements already are very serious over there, sweeping out the corruptors. STEEL is also a terrific bet but not like Cobalt companies, which are few and far between. A CRITICAL SHORTAGE AGAINST A TIDAL WAVE OF DEMAND. AND ANDREA HAS THE GREATEST DEPOSIT, IN A SENSE, THE LARGEST, ON EARTH.
say no more........

[Runners123]

So, that means we should be at about $12 rights now. And that is at todays mineral prices which means we would be at $35 -$40 by 2020?

[tootalljones]

funny thing is, cteqf is going up from here, given the cobalt revolution, which is really the electric vehicle global revolution. Robert friedland said about 6 months ago at an investment conference that cteqf would triple by year end, something like that, and he may have said triple or more, the stock was around 55 or 60 cents, but I am assuming it had been pushed up due to his comments and really, his plug for this his other company, as the conference was for Ivanhoe, so robert gave a little plug at the very end........I did not buy as I did not understand the EV revolution. MOST INVESTORS TODAY DO NOT EITHER...

Over time they will. We are so early. On the cusp of a huge thing going forward.

so it is an easy step now to see why investors should be pounding Ardea Resources to the upside..............duh. These two will both be billion dollar market cap companies at some point in the relatively near future. POSITIVE................and it ain't like cobalt isn't going up. GOVERNMENTS ARE NOW REQUIRING AUTO MAKERS TO build electric vehicles.....some are phasing in these requirements, and the europeans are nutty about this.

Austria has a law now on the books that NOBODY IN THE COUNTRY will be able to buy a non electric vehice ("ICE) in several years from now...........crazy lunatics but ya gotta love them....china too where some pollution areas genuinely pose a serious health risk. I have represented clients from China and they say in WESTERN china, believe it or not, people who go to work with a white shirt come home with a tan or sooted shirt, but it is definitely not white. And these people are here on visas or what not, and they are smart and their parents have a lot of money, and are all corrupt btw, as china, like all socialist countries is totally corrupt. They are dying to take their money, as government workers, steal as much as possible, and move to America. FACT. I represent them and they tell me the truth.

And believe it or not, the smog in london is worse than china. That too has been publicized by the media, so I am not to sure if it is true, probably another mainstream media lie, but hey, in this case I am happy they are lying, which they do habitually.

.........There are now countless dozens of new EV choices for car buyers the world over. Some major auto manufacturers are now offering 2 or 3 current choices to buy, and with others on the drawing board. The EV revolution will bear some similarity to the movement from horses to internal combustion engines, which took place a century ago.......trust me, the socialists and liberals now own much of the world........We are in the catbird seat.

[tootalljones]

cteqf vs.arrrf, per scottrade today:
Clean TeQ Holdings Ltd CTEQF:OTCQX International (Common Stock)
Fundamentals
A table providing the fundamentals of the stock
EPS (TTM) 6/30/2017 | -0.03
P/E Ratio 6/30/2017 | --
Market Cap Small Cap | 741.01M
Shares Outstanding 578.91M
Float 287.9M


Ardea Resources Ltd ARRRF:OTC Pink - Current Information (Common Stock)
Fundamentals
A table providing the fundamentals of the stock
EPS (TTM) 6/30/2017 | -0.02
P/E Ratio 6/30/2017 | --
Market Cap Micro Cap | 93.67M
Shares Outstanding 75.60M
Float

I view the respective resources as being in a dead heat. Our current high grade zone is at .13 grams, their resource is at .10 grams but larger than our. However, our lower grade ENTIRE DEPOSIT MEASURES at .5 grams but is many times larger than theirs, and I believe the current cash will be used to firm it up dramatically. A ton of this material can be converted such that our eventual deposit will be larger than theirs, and average .10 grams..........So then, there is utterly no comparison in the assets, a real apples to apples comparison.

Plus cobalt itself is going to explode higher (it already is, today's price is 28 bucks), also permitting so much more of our giant deposit to be turned highly economical to mine, which means we blow past them.

I am also of the belief that our full market cap may mean another 10% of shares, due to the recent secondary, which scottrade may or may not have pieked up (they probably did, as I trust companies must advise their market makers and of course major brokerages), but it is no big deal either way. I am delighted to assume another 25% easily by the way, although once again, our comparator should also have some adjustment for these same things basically. doesn't matter. in fact, it doesn't matter even if we don't adjust them whatsoever.

our warrants are at 77 cents, a tremendous price for warrants at this level, meaning our management, which owns 15% of the company btw, HEAVY INSIDER MANAGEMENT OWNERSHIP, nice! ...so they protected the shareholders (THEMSELVES!) very nicely.

[tootalljones]

I agree with this post, but as cobalt goes up, the size and scale of Ardea's resource comes into play. GINORMOUS: "In terms of ARL’s valuation it’s still way too cheap. The large tonnage deposit means costs can be dropped depending on the size and scale of the operation and ARL have this capacity to do this due to the sheer size of the deposit.

They can either focus on a smaller scale operation (it’s still going to be big) and target the high grade zone (start with a 2 million tonne processing plant) and scale this up to a 4 million tonne processing plant depending on future offtake agreements.

If you were to run an assessment based off the high grade zone this is still a 16 year mine life. The deposit is a monster and if we are really going to embrace the EV era then this deposit will be developed and it’s going to make a lot of $$.

Why would battery makers and car companies continue to rely on the DRC (an unstable political environment) when you have secure supply with the likes of Aussie cobalt deposits."

[tootalljones]

unreal. mindboggling.

[Runners123]

Sichuan Tianqi Lithium is 31st in 2015

[tootalljones]

yep. ugh! The fact is, however majors are too stupid. Their managment and boards clueless at this stage of the market. dumb mofos. There is one guy, however, who terrifies me. He has been decimating them for thirty years. He is the one to be worried about. Do you want a clue as to who this man is? One guess only.

[Runners123]

There is a slim chance that some entity will scarf it up .

[tootalljones]

let's put it yet another way: in a year from now the company will release its feasibility study, the product of 7 years of incredible work, 5 of which was done by the former owner, a major, which our CEO said was pristine, high quality precision work. We are fully cashed up to our gills in money now, to bring the ball over the goal line.

So that feasibility study will define an asset worth a billion dollars, if cobalt is anywhere near 30 bucks, and it will be OVER 30 BUCKS BY THEN, AS TODAY IT IS 27 BUCKS and rising.

A hundred million dollar market cap company DOES NOT HAVE A BILLION DOLLAR ASSET. Capiche? A legal emtotu, this corporation itself called Ardea Resources, LTD, does not own a billion dollar asset, and be worth just 100 million dollars. There should be a rough equivalence between the two, and in a hot market, the legal entity will sometimes even receive a premium over the asset itself, if the market has confidence in the management and the personnel, country risk, etc.

[tootalljones]

and I am still buying at today's price. as much as I can get. which should be rather obvious based on what I just posted.
and will continue to buy all the way up.
a smart ardea poster on seeking alpha said this is a minimum twenty dollar stock with cobalt at 50 bucks in the next couple years.
I agree and cobalt will make the internet stocks of the late 1990s look mild by comparison. cobalt checks all the boxes.
and I made so much friggin money back then on that new dawning age..

[tootalljones]

stated otherwise, either cteqf (clean teck), our "sister" Australian cobalt company is overvalued by approximately 700%, or Ardea is dramatically undervalued.
It can't be both. A very comforting thought.

And I am bullish on cteqf at its current price. But not by 700%

[tootalljones]

the reason the stock is going up is very simple. Ardea has utterly no business owning this asset in the first place! A major foolishly GAVE IT AWAY, for basically nothing, at the bottom of a bear market....hilarious. guess whose laughing now?
that major would pay triple today's market cap, to get it back today.
sorry charlie.
finder's keepers losers weepers.

[Runners123]

Looking for more gains today, the word is spreading like a wild fire.

[tootalljones]

In 6 months from now this stock will be at 4.5 u.s.........and then it will "collapse" to 3 bucks even...............hey, i am okay with even 2.75..... I say phouck it.........look AT THE ASSETS AND WHAT IT OWNS AND THAT IT IS ALL CASHED UP AND THE MARKET FOR COBALT, IN CRITICAL NEED.........blah blah blah blah..............the phoucker should be 6 bucks and growing....Understand the cobalt market, and my links, and what the the h e l l is going on in this crisis..........
see ya, johnny

[Swordfishing]

10 dollars in the coming months. Precious metals are limited forcing a bidding war in near to keep Tesla among others in business. Solid and thanks for the heads up!

https://seekingalpha.com/article/4115479-cobalt-cliff-will-cap-teslas-model-3-production-capacity-250000-units-per-year?v=1509552082&comments=show

[Runners123]

Forgone conclusion,,,, 10 -20 bagger here

[tootalljones]

brilliant john patterson and this article is one of the half dozen reasons why Ardea will be a monster stock, a twenty bagger from this level. This galvanized me to find this stock. Comforting that other experts who are investors who i have linked, also view it as the best junior out there, by a wide measure.

What he does not mention is that governments around the world are REQUIRING ELECTRIC BATTERIES, DESPITE SCARCE SUPPLIES OF LITHIUM, AND COBALT WHICH IS SUPERIOR TO LITHIUM IN EVERY WAY.

his comments are equally superb. If Tesla wants to be around in 4 years, they would do well to immediately pay through the nose and buy Ardea.

Vertical integration of this essential resource is coming for auto companies around the world .......https://seekingalpha.com/article/4115479-cobalt-cliff-will-cap-teslas-model-3-production-capacity-250000-units-per-year?v=1509552082&comments=show

[Runners123]

Excellent volume this morning obvious that more eyes have been on it this week than ever before and we keep getting additional media analysts guidance that is extremely compelling evidence that this is just the beginning.

[Runners123]

Good read

[tootalljones]

more good news and really confirmation. Cteq, our sister stock, had another excellent day today which is comforting since we are dramatically undervalued compared to them.
here is the comparison, per ihub:
cteq, 772 million market cap per ihub, 781 per scottrade
arrrf 73 million per scottrade, nothing from ihub.

I gather gather both stocks have warrants but ours are priced very high at 77 cents, telling me also our management did very well indeed to protect the company. whether the recent secondary of almost 10 million which closed in early September is included I do not know.

bottom line is cteq has had two 10% up days in a row and we are moving dramatically also. And I believe we have comparable projects, our tonnage for our core deposit being higher than theirs, but theirs being larger, but our total deposit is simply massive. The company in last night's PR mentioned deliniating, per my earlier post today, so perhaps there is room for a sizeable enlargement, who knows.........

the obvious takeaway is that we are valued perhaps 7 to almost 10X LESS THAN our only comparator on the planet, in the same jurisdiction, and we are now all cashed up, with a clear path to a definitive, fully paid feasibility study, with many goodies along the way.

Which one is the obvious, ridiculous bargain, at today's closes? ARRRF.

and I like cteq and want them to soar like an osprey, because that means we will soar like an EAGLE.

[tootalljones]

Fascinating article that is highly relevant to ardea resourses
I cannot remember a single one ever better published on SA
This guy john patterson is a serious brain, reminds me of ursusbrumae whose top stock (only?) is ivanhoe (he does not know of ardea, lol). I am a huge fan and owner too of ivanhoe but back to the article, which has many hundreds of intelligent comments, john patterson himself does a great job answering so many of them.
his word choice and quality of thought are simply outstanding.
he is short telsa.
https://seekingalpha.com/article/4115479-cobalt-cliff-will-cap-teslas-model-3-production-capacity-250000-units-per-year?v=1509474072&comments=show

One of the takeaways is that over the next several years (3 to 5), there will be a severe supply shortage of lithium and cobalt (there is already, obviously, and Matt Bohlsen below predicts that this raging bull is in its infancy and will go at least for the next several years, as the EV revolution picks up steam..
I asked on that Patterson thread for a single name from John of a top mind in these two metals and their stocks, and he immedietly said the one guy he thought had top tier thoughts was another seeking alpha author, matt bohlsen, who writes regularly about the top cobalt and lithium miners in the world.
Matt's number one choice as I indicated, is Ardea. He has about a half dozen he discusses that are majors, but loves Ardea as a junior, his number one pick. And he only lists 3 juniors and you can see from is list that Ardea is easily by far by far the best, the other 2 being relative junk in comparison.
Anyway, Patterson, as one can see from the article i posted, is a serious genius, and he endorses matt bohlsen, whose number 1 stock by far in the junior global market is ardea...........see where this is leading to? Matt also publishes 2 widly exploding and successful subscription news service for both lithium and cobalt, studying these sectors full time. So much so, that he says he barely has time now to do the reseach, due to the success of his two publications and associated attention needed. and yes, Matt is a straight shooter for sure.
One last note: there is much talk now of auto manufacturers vertically integrating their supply, meaning they actually may get into the business of buying a cobalt producer..............wow!

[tootalljones]

sounds crazy but i do not believe in buying hot stocks. I am not a trader. But I will buy a stock that is going up.
Buy only undervalued stocks and those with tremendous fundamentals. So yes, I will buy at the top. But I try not to but here I am making an exception for sure.
my 2c, fwiw

[tootalljones]

confident this one ain't coming back. we shall see. The aussies know what they have. Nothing like it on earth for anywhere near the price. Love so many things here, including the 15% the insiders have in the game, the high priced warrants that will take them to the definitive study, the massive resource which will be expanded....the sector, blah blah, and now they are all cashed up.
Matt one of the authors of the recent seeking alpha study, a sharp kid for sure, said he hates optionality plays. I DO ALSO....but this is not an optionality play (which means you own a huge low grade resource and hope for and wait for the metal itself to rise, to bring it into play. They have a legitimate, minable high grade core resource, which itself is seriously large and which they will expand. Heck, if they expand the high grade core by 25%, and bring the entire high grade section down to .10, instead of .13, that is still the equivent grade of CTEQ's entire resource, which friedland, who is the best of the best, now says is way undervalued. My conclusion is that we may have a resource THE EQUAL OF CTEQ'S WITH A LITTLE WORK....THE EQUAL SIZE AND THE EQUAL GRADE OF .10, With a little work, at a fraction of the market cap. Yep, this deserves caps......BULLISH
WORD WILL SPREAD..

[tootalljones]

runners123, do me a favor and let the guys over at one of my favorite stocks, which I have been seriously buying as well the last 3 days, and let them know, I am here. They might be interested also, but this of course is just imho. I agree with you I think this is a rare opportunity and I went through all the lithium and cobalt stocks for several weeks and this one stood out head and shoulders, EASILY HEAD AND SHOULDERS, which i know is a big statement. symbol: ivpaf. I have a witch that is following me but that is not really relevant. (she banned me on that board, which is unfortunate but don't want to get into it...) thanks, tootall

[Runners123]

People are paying attention, this one is real and going to be a 10 bagger

[Runners123]

https://seekingalpha.com/article/4111735-money-electric-vehicle-supply-chain-part-iii

[Runners123]

Yep that was my 2nd post here, share it everywhere toots.

[tootalljones]

new, october 31, 2017: https://www.ardearesources.com.au/downloads/reports/arl_qa201709.pdf

[tootalljones]

2 summary articles here:
http://fifighter.com/cobalt/2017/07/new-cobalt-idea-ardea-resources-arl-ax/

and

https://seekingalpha.com/article/4095959-ardea-resources-top-cobalt-optionality-play

nice video clip of the ceo here

https://www.cnbc.com/2017/04/05/this-miner-is-banking-on-a-cobalt-boom.html

[tootalljones]

company is all cashed up per a recent september secondary, with very heavy insider ownership.

Widely regarded Matt Bohlsen loves the company, btw, and he is a straight shooter.

we are soooo undervalued, in comparison, for instance, to widely regarded cleanteq. Our market cap is just a fraction of theirs, same jurisdiction:

Here is how KNP stacks up against other cobalt projects out there, including Cteqs.

From Ardea Resources website:

Total contained cobalt metal is 386,400 tonnes. KNP currently ranks as the developed world’s largest known and discovered cobalt resource.

but the KNP Core Cobalt Zone of the deposit, which is what they will be developing, is where it gets good. Here:
http://fifighter.com/wp-content/uploads/2017/07/Ardea-Comp-1024x720.png

[tootalljones]

Agreed!....we are in the second inning of a 3 yr cobalt boom, and this stock has a core property that is incredible. The recent drilling and satellite targets also quite compelling. I just compare to friedland's property, and this one is wildly undervalued so actually, I hope his goes up, which it is. Plus I like our management. HUNGRY. should be 2.5 today but shareholders always say this scheat......

[Runners123]

Many just haven't done the DD to understand what is happening here. Once a person delves in and comprehends the magnitude of how big this is going to be, they would be a fool not to have in their portfolio.