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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 2.3 million tonnes per annum 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 29/06/18

1 year TSR5 year TSR
16thKogi Iron648%16%
268thArdea Resources34%0%
556thLion One Metals-12%7%
577thLindian Resources-14%-39%
722 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

370th↑Ardea Resources$0
430th↓Kinetiko Energy$0
431st↓Kogi Iron$0
434th↓Lindian Resources$0
435th↓Lion One Metals$0
507 listed resources companies ranked by revenue.
Source: Morningstar

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