Big Buchhorn backing of cobalt contender Ardea

COBALT contender Ardea Resources has raised A$17.5 million from the exercising of loyalty options, with director and Kalgoorlie nickel project stalwart Ian Buchhorn outlaying over $2.1 million cash in the past two weeks backing the company.

Big Buchhorn backing of cobalt contender Ardea Big Buchhorn backing of cobalt contender Ardea Big Buchhorn backing of cobalt contender Ardea Big Buchhorn backing of cobalt contender Ardea Big Buchhorn backing of cobalt contender Ardea

Goongarrie's cobalt dirt means Ardea is far from poor.

Buchhorn, the founder of Ardea forerunner Heron Resources, now holds nearly 12 million shares, or over 11% of the company on an undiluted basis.