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70.0¢ ardea resources limited

Nozza, I am pretty sure comparing to clq that we will not be...

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allday

1,004 Posts.

5

04/02/18

13:37

Post #: 30804556
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Originally posted by Nozza8 ↑

A Pre Feaso and more so a Definitive Feasibility aims to remove risk associated with unknowns around the cost of extraction, processing, and sale of final product, ideally we want to produce a high quality Nickle Sulphate and Cobalt Sulphate as these are the chemicals a battery producer requires. If we can provide evidence that this is achievable at an all in cash cost that makes the project profitable, the funding of the project should not be an issue based on demand forecasts. If it’s not economical, and then the whole KNP may be mothballed until another time in the future when the in ground resource value increases

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Nozza,
I am pretty sure comparing to clq that we will not be mothballed on the knp high grade zone
Heaven help all the others in the queues behind arl if that is the case

ARL Price at posting: $1.44 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 70.0¢		Change 0.025(3.70%)		Mkt cap ! $139.8M

Open	High	Low	Value	Volume
68.0¢	75.0¢	68.0¢	$199.9K	283.6K

Buyers (Bids)

No.	Vol.	Price($)
5	32986	70.0¢

Sellers (Offers)

Price($)	Vol.	No.
71.5¢	373	2

View Market Depth

No.	Vol.	Price($)
5	32986	0.700
5	2133	0.695
1	2793	0.690
2	5200	0.685
2	47921	0.680

Price($)	Vol.	No.
0.715	373	2
0.720	27782	3
0.725	11000	1
0.735	12634	1
0.750	51342	3

Last trade - 13.50pm 01/05/2024 (20 minute delay)


Last 70.0¢			Change 0.025 ( 1.64 %)
Open	High		Low	Volume
69.5¢	72.5¢		69.5¢	106245
Last updated 14.22pm 01/05/2024 ?

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