Ardea Resources Limited (ASX:ARL)

Andrew Penkethman
Market Cap (AUD): 140.88M
Sector: Materials
Last Trade (AUD): 0.78 -0.05 (-6.02%)
Tab Bar

1. About

Ardea Resources Limited (ASX:ARL) is a multi-commodity explorer and developer focused on its flagship Goongarrie Nickel Project ('Goongarrie' or 'GNCP').

GNCP is part of the largest Nickel Cobalt Resource in the developed world and forms part of the broader Kalgoorlie Nickel-Cobalt project. The Project is located 80km from Kalgoorlie, Western Australia - a world-class mining jurisdiction with extensive infrastructure and a skilled work force.

Goongarrie is a potential multi-generational mine offering outstanding multi-commodity exposure which includes nickel, cobalt, scandium, vanadium, chromium, aluminium and gold.

Ardea is focused on the rapid development of Goongarrie to leverage the ever-increasing electric vehicle and static-storage battery demand.

Ardea has several additional project mineralisation styles outside of the GNCP goethite. In addition to the other laterite hosted nickel-cobalt opportunities, Ardeas tenure also host significant greenfields nickel sulphide and/or gold prospects representing a large strategic land holding in one of Australias premier nickel sulphide and gold provinces.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk