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The low AISC is the best thing about ARL. Everything else is...

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Giovanni33

2,138 Posts.

498

15/05/24

18:37

Post #: 73842719
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Originally posted by Jogoo: ↑

I think that it’s also significant in that most western (ESG friendly jurisdictions) will not be able to compete with Indonesian Nickel, and further mine closures will restrict supply. Also significant that there seemed to some views expressed in this or other threads that Indonesia will exhaust their ore reserve by late this decade. I think if they are planning new mines and 5 new processing plants for $40 B, then I feel that the case for the demise of their business has been overstated

As several posters have previously commented, this may be to ARL benefit, if the PFS all in mining cost stands up to scrutiny through DFS. ARL - JC would be one of the few deposits that could compete (in the absence of market bifurcation along ESG lines). How seriously will global consumers take ESG? What effect
will the IRA actually have?
Your point regarding stability is important, but I think that any community dissent would be dealt with economically, or perhaps more harshly if necessary.
J
DYOR

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The low AISC is the best thing about ARL. Everything else is icing on the cake.

ARL Price at posting: 64.0¢ Sentiment: None Disclosure: Held
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