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59.5¢ ardea resources limited

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Nozza8

2,988 Posts.

47

02/01/18

06:34

Post #: 29972711
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Originally posted by Macklemore ↑

to paraphrase : Two classes of nickel grade

1) Battery grade class 1
2) Stainless steel class 2

Arl = Laterite ore  @ KNP

on page 12 to paraphrase for laterite ore  african mine cost benefiction cost 90k USD per metric tonne

questions I have

1) Is the captial cost the biggest issue for our eventual mine
2) do we need to choose which nickel class earl. i.e class 2 on plentifull market or class 1
3) given that class 1 collapsed 2007and closed mines and facilities could these be revived crowding the market
4)  does this effect us (ARL) ?

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https://ardearesources.com.au/downloads/announcements/arl_2017112201.pdf

ARL Price at posting: $1.90 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 59.5¢		Change 0.005(0.85%)		Mkt cap ! $118.7M

Open	High	Low	Value	Volume
60.0¢	62.0¢	59.5¢	$96.84K	159.6K

Buyers (Bids)

No.	Vol.	Price($)
1	167	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
60.5¢	12875	4

View Market Depth

No.	Vol.	Price($)
2	5503	0.595
1	42374	0.590
2	15000	0.585
3	9220	0.580
1	1172	0.570

Price($)	Vol.	No.
0.605	12875	4
0.610	4866	1
0.615	1474	1
0.620	2138	2
0.630	94763	2

Last trade - 13.36pm 22/05/2024 (20 minute delay)


Last 59.5¢			Change 0.005 ( 2.19 %)
Open	High		Low	Volume
62.0¢	62.0¢		59.5¢	18194
Last updated 13.22pm 22/05/2024 ?

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