Sometimes, gaps are not necessary to be filled, especially for a undervalued stock based on the fundamental perspective.
2016, was dubbed as the 'Year of Lithium'.
2017, some call it will be the 'year of Cobalt'.
Every stock with 'Cobalt' is given good valuation at the moment, some without any defined JORC resources, are currently valued at much higher than ARL which has Australia's and the developed world's Largest cobalt resources!
Few very simple merits of ARL:
- JORC defined resources: 386,400t - Australia's and the developed world's Largest cobalt resources! Three times of CLQ's cobalt resource.
- In ground value of KNP resources: $98 billion (CLQ:$44 billion)
- Lowest valuation comparing with peers, Enterprise value is only at around 1/10 of CLQ (Although both are different but quite similar re Nickel & Cobalt)
- No country risk, located in WA with excellent infrastructure.
- Have approximately $5m cash at the moment, no CR risk for the medium term.
DYOR.
- Forums
- ASX - By Stock
- ARL
- Largest cobalt resource with lowest valuation
Largest cobalt resource with lowest valuation, page-18
-
- There are more pages in this discussion • 2,562 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
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $100.8M |
Open | High | Low | Value | Volume |
49.0¢ | 52.0¢ | 48.5¢ | $19.80K | 39.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2464 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 0.480 |
3 | 20212 | 0.465 |
1 | 2000 | 0.460 |
1 | 2000 | 0.450 |
1 | 2222 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 50950 | 1 |
0.560 | 15000 | 1 |
0.595 | 6009 | 1 |
0.605 | 4789 | 1 |
0.620 | 3225 | 1 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online