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The company has completed drilling at the project.

Ardea releases study on $1.17bn project

Ardea Resources has released an expansion study for its Goongarrie nickel-cobalt project in Kalgoorlie, with the company detailing a 2.3mtpa capacity at a cost of $1.17 billion.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
thBlack Cat Syndicate
721stAvenira-66%-35%
745thAVZ Minerals-70%57%
761stArdea Resources-73%
797thBirimian-79%3%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

05/06/18
$1.1m Other
05/06/18
$1.1m Bought
05/06/18
$128k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

385th↓Ardea Resources$0
392nd↓Avenira$0
393rd↓AVZ Minerals$0
395th↓Birimian$0
396th-Black Cat Syndicate$0
513 listed resources companies ranked by revenue.
Source: Morningstar

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