I probably should acknowledge Chris1983 for this new title. I used his slides. Should also declare that I own both arl and auz.
I think the 2 slides below sum up exactly were we stand with ARL and despite the recent rise it re-emphasises how undervalued ARL is in comparison the clq in particular.
CLQ- market cap of 955 mill. One mine and similar size high grade resource to Arl, ignore water assets, But 62 mill cash
ARL - market cap of 117 mill. One mine similar high grade resources, but huge lower grade which may still be financial viable ? 12 mill cash
AUZ- market cap before potential share placement, market cap of 230 mill, one similar ore body similar to arl and clq plus the other half of clqs syerston. Cash on hand 5.5 before share placement.
On the surface I think arl should be at least 1/2 the value of clq I guess the unknown is AUZ given its 2 mines as this is also undervalued in relation to clq.
Bottom line
Arl should be worth at least 500 mill, 5 times it’s current value
Love to know your thoughts?
- Forums
- ASX - By Stock
- ARL
- ARL vs AUz vs CLQ
ARL vs AUz vs CLQ
- There are more pages in this discussion • 355 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
64.0¢ |
Change
-0.020(3.03%) |
Mkt cap ! $127.7M |
Open | High | Low | Value | Volume |
65.0¢ | 65.0¢ | 61.0¢ | $139.9K | 223.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1588 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 1034 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1588 | 0.630 |
1 | 23547 | 0.625 |
2 | 7672 | 0.620 |
2 | 15725 | 0.610 |
3 | 9232 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.640 | 1034 | 1 |
0.660 | 1052 | 1 |
0.670 | 11000 | 1 |
0.685 | 5000 | 1 |
0.690 | 1450 | 1 |
Last trade - 15.52pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
62.5¢ |
  |
Change
-0.020 ( 3.85 %) |
|||
Open | High | Low | Volume | ||
64.0¢ | 64.0¢ | 61.0¢ | 42211 | ||
Last updated 14.01pm 13/05/2024 ? |
Featured News
ARL (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online