Ardea Resources: Why are these massive Japanese companies putting $98m into this Aussie laterite nickel play?
Ardea Resources Managing Director Andrew Penkethman on 3AW, 2GB, 4BC & 6PR Bulls N' Bears Report
Listen to ASX-listed Ardea Resources Managing Director Andrew Penkethman talk to Matt Birney on the Bulls N’ Bears Report about Ardea’s stunning deal to lock in two huge Japanese companies to part-fund its biblical-scale laterite nickel project that is set to churn out A$800m a year in EBITDA… for 40 years!
TO LISTEN TO THE ARDEA RESOURCES AUDIO INTERVIEW - CLICK BELOW
Considered the largest nickel-cobalt resource in Australia, Ardea Resources’ has been steadily building the laterite orebody of its Kalgoorlie Nickel Project – Goongarrie Hub over the past few years. Following the release of an impressive PFS, the company has now attracted the attention of a Japanese consortium to help take the project into the next stage of development as part of a joint venture deal.