Thanks for sharing mate. It was interesting to watch but also...

Thanks for sharing mate. It was interesting to watch but also disturbing from other hands, especially that one guy who only laughed about it, like it's somekind of a joke or comedy show. Mate, SMM and MC executives are one of the most brilliant minds in the world. If they are doing the deal, then yeah, you are right, you miss some background info. Listening to these guys then ARL truly is for hardcore investors.

Laughing about PFS forecasted nickel price. So what mate, do they even understand simple economics, macroeconomics and geopolicy ?. Jesus

Nickel mines around the world are under care of maintenance or considering it because they can't keep up with current market prices. Let's assume nickel price doesn't hit 25k and stays on current level, ca 25% lower - that extends capex payback period to 5 years instead of 3.1. Operation costs are low as, we will be the only mine in the world, who can compete with Indonesia. Of course politicians and executives are praising this.

And yes mates, there are a lot you don't know about the operational background. First, this HPAL plant will be the most modern in the world. Second, goethite ore helps lowering the processing costs, which means we don't have to import limestone and this technology/solution is patent pending, means we are the only ones in the world to use this solution. Third, we are logistically in favourable location, railroad going stright through the mine and gaspipe line is nearby. Fourth, if would be up to news then should know that processing plant is 4Mtpa, which increases from previously estimated output of 30kt nickel per annum. Fifth, we have scandium and other REE byproducts, which are not included, but will lower the operational costs. + macroeconomical and political aspects.

They should invite somebody who is up to date with company.

They only looked capex and current nickel price and buried company straight away and made fool out of JC. These guys shouldn't do this show. That shows exactly what investing sentiment people have about ARL